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Child Trust Funds

Changes to Child Trust Funds

The Child Trust Fund scheme is changing; here are some of the more significant changes.

• No new vouchers will be issued for children born after 31 December 2010.
• Children born on or after 2 August 2010 will receive a £50 voucher (down from £250). For children in lower income families the voucher will be £100 (down from £500 ).
• Children whose 7th birthday is on or after 1st August 2010 will not be entitled to an age 7 payment.

If you have any questions regarding Child Trust Funds and how this affects you, then please call our Customer Service team on 0800 800 008

Helping you put money aside for your children in a
tax-efficient way

Here at The Share Centre, we think everyone should be able to share in the wealth of the stock market – especially children. After all, the younger you start, the better off you're likely to be.

Money invested for your child now and added to over the years could mean a car, the deposit for their first home or even helping with the cost of going to University.

We understand that investing in one of our CTF accounts isn't right for everyone. It's well known that investments, their value and the income they provide can go down as well as up and you might not get back what you originally invested; so if you're not sure whether it's appropriate we'd recommend you seek independent advice.

Remember, once you've paid money into the account it is locked-in until the child is 18 and can't be withdrawn except as permitted by the CTF regulations, nor can it be repaid to the donor.

But when you've decided that investing your CTF through The Share Centre is the thing to do, we're here to help with the information, support and advice you need.

01296 41 41 41