A tax-efficient way to invest for your child
Just think of all the things your child could do with some extra money when they’re 18. Heading to university or perhaps going travelling. Our Child Trust Fund (CTF) is an easily managed, tax-efficient way to potentially build up a lump sum that could help turn their plans and dreams into reality. Please remember that any tax advantages depend on your individual circumstances, and your child’s. Also, tax rules could change in the future.
Friends and family can also invest in your child's CTF. You just need to make sure the combined payments do not go over your child’s current limit of £4,128 per birthday year. This can be made up from regular or one-off payments or a mix of both. Because only the child can access the money and only from the age of 18, you can be assured that it’s there for them when they choose to move on to life’s next adventure.
Government rule changes mean that new Child Trust Fund accounts are no longer available. If you wish to invest with us and your child already has a CTF, you have three options:
- If your child has a CTF with us, we’ll continue to take care of it.
- If your child has a CTF with another provider, you can easily transfer it to us.
- Or, you can transfer your child's CTF into a Junior ISA ».
We are an award winning provider of both CTF and JISA products*.
*Moneyfacts’ Best Junior ISA Provider in 2016 and 2015. Best Junior ISA Provider 2014 and 2012 and Best CTF Provider for 2011 and 2010 awarded to Family Investments.