Make an Astute Investment with a Free Children Trust Fund Voucher from Scottish Friendly, for the Economic Wellbeing of Your Precious Ones by Organising Aconsiderable Lump Sum of Money to Be Available when They Turn 18
Do you know what the Child Trust Fund is? A noticably small number of parents seem to have heard of the fact that all newborn children are given a free £250 voucher from the government to put. This vouchercan be invested in any one of threesorts of CTF account, Stakeholder – a shares-based account that changesinto cash, a savings account or a shares account. It is an excellent way to prepare needs of a youngster
Scottish Friendly is an authorised provider of the child trust fund. The Government is keen for people to have access to Stakeholder accounts and this is the type of account that we are supplying.
One of the highights of the saving for children is that anyone – parents, grandparents, aunts and uncles, friends – can add to the Fund to a top limit of £1,200 per year to help augment the child’s Fund (once added, this money is not allowed to be withdrawn).
Only infants who were born on or after 1st September 2002 are allowed to start up a Children Trust Fund. If you have older kids 1st of September 2002 who are not entitled you could contemplate investing for them with a Child Bond – it’s a tax-free savings plan looking for long-term growth. It is evident that saving for your daughter is a rewarding means of preparing for hard times that may lie ahead.
