With the phasing out of the child trust fund all but complete and a wait until November for its replacement, the Junior ISA parents have turned to children’s stakeholder pensions as a way of investing in their parents futures.
With the phasing out of the child trust fund all but complete and a wait until November for its replacement, the Junior ISA parents have turned to children’s stakeholder pensions as a way of investing in their parents futures.
A new campaign to allow parents whose children have existing Child Trust Fund accounts to be allowed to merge them into a new Junior ISA has been launched

Only the Labour Party supported continuing access for all to the Child Trust Fund Scheme. The Conservatives want it limited to only poorer families, the Lib Dems want it scrapped. The writing may be on the wall for the most successful children’s savings initiative in the history of the country.
This week’s latest statistics report from government on Child Trust Funds (CTFs) indicates that a quarter of families fail to actively open an investment fund for their children within 12 months of receiving their voucher. This has been attributed to difficulty in choosing a fund from the wide range of options available in the marketplace.
Child Trust Funds could be axed for families with a household income over £17,000, depending on the outcome of the next general election.  This would include a discontinuation of future payments to families above this income level, who already have a fund in operation, and who would have been due a government ‘top-up’ to their [...]
















