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Child trust fundA Child Trust Fund
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Child trust fundThe Child Trust Fund (CTF) is a long-term savings and investment account for children. In December 2010, the Government decided to stop opening CTFs, but those which had already been set up by then ar [..]
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Child trust fundA tax-free way of saving for children launched in September 2002 and abolished at the end of 2010. All government contributions have now been stopped, though parents can still pay in money and benefit from the account's tax-free status. If your child has a CTF account they can't have a Junior ISA as well.
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Child trust fundA special tax-advantaged savings account for those under the age of 18, which is no longer available.
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Child trust fundThe CTF is a savings and investment account for children who were born between 1 September 2002 and 2nd January 2011. Each child born within that period qualified for a contribution of between £50 and £250 from the Government which had to be invested in a CTF product. Although CTFs are no longer available to newborn children, existing accounts can [..]
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