If you’ve recently had a baby, you should have a received a Child Trust Fund (CTF) voucher. Indeed, anyone with a child born after 31 August 2002 should have had one sent to them. Worth £250 (£500 for low income families) this voucher must be saved into a designated Child Trust Fund account in your child’s name, with the aim of helping create a lump sum for your child when he or she turns 18.
Author: Rob Lewis
This Is Money: Clampdown On Travel Insurers
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