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Child Trust Funds

The CTF was a Government-run scheme that allowed children born between the dates of 1 September 2002 and 2 January 2011 to save tax-free for the long term, with added benefit from the Government.

However this scheme is no longer available, so those looking to save for their children will have to consider other options. One of these options is the Junior ISA (JISA). JISA’s are accounts that are completely tax-exempt on both growth of the fund and any final lump sum payments, offering the chance to save effectively for the future. Those with CTF’s are currently unable to transfer their plan to a JISA, although there have been many calls for the government to allow this, as people consider JISA’s more advantageous in regards to flexibility and gains on the fund.

You are no longer able to take out new CTF policies, although your provider will still allow you to deposit into it. For more information about your policy, visit

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