Are Child Trust Funds obsolete now you can transfer them into Junior ISAs?
No. Family Investments Child Trust Funds have seen overall growth over the past five years, as can be seen in the table above. Although please remember, past performance is no guarantee of future performance. Regardless of the change in law, those with a Child Trust Fund will continue to be able to invest as they always have done.
My child already has a Child Trust Fund - do I need to do anything?
No. Those with a Child Trust Fund will be able to invest as they always have done. We are fully committed to providing Child Trust Fund customers with high levels of service.