Child Trust Fund (CTF)

Child Trust Fund

• Only someone aged 16 years or over with parental responsibility for an eligible child can open a Child Trust Fund account.
• To open a Child Trust Fund account you must use the Child Trust Fund voucher provided by HM Revenue & Customs (HMRC). 
• You, or anyone else, can choose to put an additional combined total of £1,200 a year into the account - you don't have to make any additional payments if you don't want to.  Any additional payments are considered a gift to the child and cannot be returned.
• The tax advantages of Child Trust Fund accounts may change in the future.  If this happens, the potential growth of the account will be reduced.
• All the money invested in the account belongs to the child named, and only the child can access it (and only once they are 18).
  

Family Investments CTF Account

• Family Investments is the UK's CTF favourite provider looking after 500,000 CTF accounts.  They have over 30 years experience in helping families invest for their future.  
• Family Investments aims to provide you with the very best service, which is why they offer the only Stakeholder Child Trust Fund account you can manage on-line. 
• To benefit from the potential growth of the stock market, the Family Investments Child Trust Fund Account invests mostly in stocks and shares.  This means the value of the account can fall as well as rise and the child may not get back the amount invested.

If your children are not eligible for the Child Trust Fund account or if you would like an instant access account to supplement Child Trust Fund investments, the Northern Bank Junior Savings Account is a great way to start young children saving.

Please read more in Prices and conditions.