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Compare Child Trust Fund (CTF)
Compare Child Trust Fund (CTF)
Compare Child Trust Fund (CTF)

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Cashback for your kids every time you shop

Register with KidStart for free and when you shop online at hundreds of well known retailers and at selected high street partners KidStart will give you up to 20% back on every pound you spend. Click here here and see how much you can save.

Child Trust Fund
Comparison Table

Compare the Best Performing Child Trust Fund.


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Enter our FREE Prize Draw and one lucky winner, chosen at random, will receive £250 added to their Children Savings Account.

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Child Trust Fund (CTF)

Read the latest child trust fund and savings articles from leading financial writers at Moneywise Magazine

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Overview

 

Child Trust Fund Helpline
0845 302 1470
Child Trust Fund 

 

The Child Trust Fund (CTF) can be one of the many ways to help you save for your children's future.  Below is a summary of how CTFs work. For a more detailed analysis, go to the Detailed Explanation Child Trust Fund page.

  • the Child Trust Fund (CTF) is a long-term savings and investment account where your child (and no-one else) can withdraw the money when they turn 18
  • neither you nor your children will pay tax on income and gains in the account
  • free £250 voucher to start each children’s account 
  • a maximum of £1,200 each year can be saved in the account by you, your family or friends 
  • money cannot be taken out of the CTF once it has been put in – once your children are 18 they will be able to decide how to use the money 
  • your children can start to make decisions about how the money is managed when they are 16 
  • the Government will make a further contribution when your children turn seven - all eligible children will receive a further payment of £250 into their CTF account at age 7, with children in lower-income families receiving an additional £250. These payments will be paid around their 7th birthday direct into their account. 
  • not just one type of CTF account – you choose the type of account you want for your children 
  • it will not affect any benefits or Tax Credits you receive
  • learning about how to make the most of your money is a key part of the CTF
  • the change in government now means that CTFs will see reductions in payments from 1 August 2010, and will be abolished completely from 1 January 2011. Don't forget to invest your voucher while you still can!   

Find out how to calculate the Child Trust Fund with this Calculator.  This great tool allows you to estimate the final value of the Child Trust Fund (CTF) account when the child turns 18. 

Other related articles from MyEggNest
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Detailed Explanation Child Trust Fund

Claiming Child Benefit

CTF Providers and Parents Reviews

Compare Freebies

Compare all the rates and performance cash, shares and stakeholder's Child Trust Fund

CTF providers offering Freebies.

 

Freebies with your Child Trust Fund

Freebies Details

Engage Child Trust Fund

£25 in Boots Vouchers when you set up a Direct Debit

Family Charities Ethical CTF

Choose up to £40 worth of ethical gift vouchers or £15 worth and have a tree planted on your behalf when you set up a regular Direct Debit of £20 or more.

Family Investments Child Trust Fund

Receive up to £40 worth of Boots voucher when you set up a regular Direct Debit or £20 or more.

The Children's Mutual Child Trust Fund

£40 of vouchers if you also set up a Direct Debit for more than £30 a month when you apply or £20 of vouchers if you also set up a Direct Debit for more than £10 a month when you apply online direct for one of The Children's Mutual's Child Trust Funds before 31 July 2010.

Post Office
Insurance Society
Child Trust Fund

 Receive up to £25 in Boots Vouchers when you apply online and set up a regular Direct Debit.

Witan Jump
Child Trust Fund

Request a Child Trust Fund Brochure and receive a free copy Money: Your Children, Their Future by Sarah Hamilton.  In addition, once a year Jump CTF holders get a free double entry ticket to any Royal Horticultural Society garden.

 

Forum

Join in the Child Trust Funds discussion forum

Download

To download the free version of Adobe PDF reader, please click Adobe PDF


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Child Trust Fund, you could get your child’s savings off to a flying start with £250 free from the government, click here for more information.



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MyEggNest's Recommendations

Alternatives to CTFs - Tax-Exempt Savings Plans
Did you know there are alternatives to the CTF that offer the same tax-free savings? Tax-Exempt Savings Plans (TESPs) can help you build up a lump sum for your child through small, regular payments. Your fund grows free from any income or capital gains tax, and can be used to save for children of all ages. Click here for more information about TESPs, and specific plans offered by friendly societies. 

 

 

Radcliffe & Newlands
Lump Sum Investments

Puzzled by lump sum investing? Get help from qualified investment professionals. Click here for more information.
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Interesting Fact
Did you know that the government is giving away £250 to your child?  Did you also know that this money is tax free? Read more to see how you can secure that money for your children.

Child Trust Fund Webcast
Are you expecting a baby or have just given birth? Do you know you can receive £250 FREE from the government? Watch this Webcast and learn how to claim for the Child Trust Fund.

Press Play to view the podcast

If you're unable to play this, please click here to view it in a seperate player.

Alexa Tilley, formerly of the The Apprentice, is interviewing Financial Adviser Lawrence Gold on the subject of family finances and how best use your Child Trust Fund.

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Request a Jump CTF or Jump Savings Brochure and receive a free copy of Money: Your Children, Their Future by Sarah Hamilton. Click here for more information.

Read Jump Savings Reviews Here