More Information
Key Features
- The Children's Mutual could help you make more of your child's CTF.
- The Children's Mutual - the only company in the UK that specialises exclusively in children's savings.
- Simple charging structure - there will be one yearly management charge of 1.50% of the value of the account.
- The maximum that can be paid in to the Child Trust Fund Account in each contribution year (excluding any government contributions) is £1,200, equivalent to £100 a month. Anyone who wishes to help towards your child's future can pay money in, subject to this overall limit.
- You can choose to make ad-hoc payments, investing from as little as £10 or if you prefer, regular monthly payments from £10 to £100 per month.
- Free from personal tax and a tax-free lump sum for your child at age 18. (Based on current tax legislation, refer to the Child Trust Fund brochure available in any of our branches for further details.)
- The Children's Mutual Child Trust Fund account is a Stakeholder product and therefore will invest in a fund linked to the stock market. Returns on the investment will be dependent on the performance of the stock market. Returns are not guaranteed and the child may receive back less than you have paid in.
Important Information
Dunfermline Building Society is authorised and regulated by the Financial Services Authority and introduces to The Children's Mutual for Child Trust Fund only.