August 16, 2009
Discover the Way You Can Invest with a Free Child Trust Fund Voucher from Scottish Friendly, for the Economic Wellbeing of Your Precious Ones by Getting Ahuge Lump Sum of Money to Be Saved when They Turn 18
Have you got to grips with the Child Trust Fund and the benefits that it can bestow upon your kids? Not many UK parents startling low number of parents appear to appreciate that all babies are given a free £250 voucher from the the State to put. Your son or daughter’s vouchermay be invested in any one of threetypes of CTF account, Stakeholder - a shares-based account that changesinto cash, a savings account or a shares account. It is a superb chance to for the future financial requirements of a child
Scottish Friendly is an accredited provider of the child trust fund. The Government is eager for the general public to have access to Stakeholder accounts and this is the form of account that we provide.
One of the highights of the saving for children is that anyone - parents, grandparents, aunts and uncles, friends - may add to the Fund to a top limit of £1,200 per year to help boost the child’s Fund (once added, this money cannot be withdrawn).
Only children born on or after 1st September 2002 are eligible to open a Children Trust Fund. If you have children born before the 1st of September 2002 who are not allowed you could look at saving for them with a Child Bond - it’s a tax-free savings plan looking for long-term growth. The fact is that saving for your daughter is a sound means of preparing for hard times that may lie ahead.
