Saffron Building Society have become the latest in a long line of bodies to ask the Government to allow parents to transfer their existing Child Trust fund into a Junior ISA.
Posts Tagged ‘Childrens Savings’
Building Society backs call to merge Child Trust funds and Junior ISAs
Monday, June 13th, 2011Campaign to merge Child Trust Funds and Junior ISAs launched
Tuesday, May 24th, 2011A 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
Children’s Savings boost: Government plans Junior ISA for under-18s
Thursday, October 28th, 2010
Government has announced a new Junior ISA for children’s savings, to be launched in Autumn 2011. Coming in cash and stocks & shares versions, Junior ISAs will be tax-free savings accounts that parents and family friends can use to save for a child. Read More
Saving for children – Treasury proposes new tax-free account
Monday, October 4th, 2010
A new tax-free account for saving for children has been proposed by the Treasury. The account is remarkably similar to the recently-axed Child Trust Fund Scheme, with the notable difference that there would be no Government contributions to replace the £250 voucher in the Child Trust Fund. Read More
Saving for children greater priority than ever, says Parenting Institute
Wednesday, July 14th, 2010
The urgency of forward planning and saving for children is back in the spotlight, as a new report from the Family & Parenting Institute puts the cost of raising a child at £800 a month Read More
Children’s Savings – Children’s Mutual suspends 3 key products
Monday, July 5th, 2010
The Children’s Mutual, one of the leading UK providers of Child Trust Funds (CTFs), has suspended 3 of its children’s savings products, pending a strategy review. Government had already announced it will scrap the Child Trust Fund scheme by the end of 2010. Read More
Saving for Kids – Top Kids’ Careers cost over £100,000
Thursday, June 24th, 2010The top career choices for 5-7 year olds now need 3rd-level education. Top 3 choices are teacher, doctor and vet. These will cost over £100,000 to fund, and 93% of parents will carry that cost. Saving for kids is essential, and needs careful forward planning. Read full lists of kids favourite careers by clicking on headline above.
Children’s Savings – What options after the Child Trust Fund?
Wednesday, May 26th, 2010Children’s savings have taken a blow this week, with the announced abolition of the Child Trust Fund scheme (CTF) due to government cuts. What are the other options for children’s savings?
Govt targets savings for children by scrapping Child Trust Funds
Monday, May 24th, 2010In an unexpected move against savings for children, the government has announced that the Child Trust Funds Scheme is to be completely scrapped in a phased move from August 2010.
Children's Trust Funds – Writing is on the Wall under Cons and Lib Dems
Wednesday, May 12th, 2010
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.
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