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The Child Trust Fund

Give them a great start!

The Child Trust Fund (CTF) is a Government initiative that launched on 6 April 2005. The Government sends out a Child Trust Fund Voucher worth £250 to every eligible child born on and after 1 September 2002, to open and kickstart the child's savings for the future.

Like the Government, we believe it's extremely important for children to start the savings habit early. The financial 'know-how' it brings is something that will help provide an excellent grounding for your child's future.

We have chosen The Children’s Mutual as our partner to provide and run a Stakeholder Child Trust Fund account. The Children's Mutual is a specialist in the children's savings market and is widely recognised as an expert in this field.

To learn more about The Child Trust Fund click here.

To request an Information and Application pack click here.

To apply online click here.

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 a trading division of Nationwide Building Society which is authorised and regulated by the Financial Services Authority under registration number 106078. Credit facilities other than regulated mortgages are not regulated by the Financial Services Authority.

Head Office: Nationwide House, Pipers Way, Swindon, Wiltshire SN38 1NW

 

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