In 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.
Posts Tagged ‘Savings Accounts’
Govt targets savings for children by scrapping Child Trust Funds
Monday, May 24th, 2010Fifty ways to leave your cover… financial planning tips on your insurance, mortgage, and savings account
Wednesday, January 27th, 2010There must be … fifty ways to leave your cover. Figures show that savvy mortgage buyers, savers, and buyers of life insurance all stand to save thousands, by shopping around, switching deals, and taking independent financial advice
OFT must find new way to investigate bank charges
Wednesday, November 25th, 2009An Office of Fair Trading investigation into charges levied by banks for unauthorised overdrafts has today been blocked by the Supreme Court.
Use your ISA allowances to combat bleak savings market
Wednesday, November 18th, 2009Savers in the current market need to take advantage of tax efficient saving in Individual Savings Accounts (ISAs), as variable rate savings accounts continue to offer close-to-zero returns. Only one in ten variable rate savings accounts provides a return to higher rate taxpayers, after the tax they pay on interest, according to new estimates published this [...]
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