Managing Your Money 

Opportunity awaits as Child Trust Funds mature

Opportunity awaits as Child Trust Funds mature

Happy Birthday to the 50,000 or so Brits turning 18 this month. You are the first of an estimated 800,000 young people who will, in the next year, gain access to the tax-free savings of a Child Trust Fund (CTF). Opportunity awaits – in the words of the government’s Money Advice Service website, “it’s your money, and it’s up to you what you do with it.”

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