| A great opportunity for parents to help build a brighter future for their children.
The Child Trust Fund (CTF) is a government initiative to encourage parents and families to save for their children’s futures. All children who are eligible for child benefit and resident in the UK, will qualify for a CTF account. There are different types of CTF accounts available through a variety of providers.
Northern Bank is pleased to introduce Family Investments, an approved provider of the Child Trust Fund.
- Family Investments are currently a leading provider of the Child Trust Fund.
- The Family Investments Child Trust Fund is linked to the stock market, and as such the value of the account can fall as well as rise and the child may not get back the amount invested.
- A maximum of £1,200 can be added to the fund each year by parents, family or friends.
- The fund is tax-efficient as returns are free from income tax and capital gains tax, although this may vary in the future.
- All the money invested in the account belongs to the child named, and only the child can access it (after the age of 18).
Family Investments offers only its own products and does not provide advice on their suitability. If you have any doubts, you should seek financial advice.
For more information on the Family Investments Child Trust Fund Account, including its key features, visit the Family Investments Web site, where you can also apply for an account online.
Alternatively, for more information or to apply for your Family Investments Child Trust Fund Account, call 0800 220 385* (9am - 7pm Weekdays, 9am -12pm Saturdays).
If your children are not eligible for the Child Trust Fund or if you’d like an instant access account to supplement Child Trust Fund investments, our Junior Savings Account is a great way to start young children saving.
* For security purposes and to improve our services, calls to the numbers shown may be recorded or monitored.
Important information
Northern Bank Limited act as an introducer to Family Investments who provide this Child Trust Fund account. Family Investments is the trading name of Family Equity Plan Limited (Co. No. 2208249) which is authorised and regulated by the Financial Services Authority. Registered Office: 16-17 West Street, Brighton, East Sussex BN1 2RL. | | |