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Are CTF holders worse off than those with JISAs?

Are CTF holders worse off than those with JISAs?

When the government announced that Child Trust Funds would be closed to new applicants, HMRC predicted that around 1.2 million children would have children's ISAs taken out on their behalf by their parents to fill the gap.

Top 3 ways to contribute to your child's savings account

Top ways to contribute to your child's savings

When it comes to your offspring's future finances, opening a children's savings account is an essential first step. Once you have done so, you can start thinking about the most effective ways to contribute to their nest egg – read our guide to learn more about the top three.

How does a Child Trust Fund work?

Child Trust Funds have certain tax advantages

Child Trust Funds are no longer available to newborn babies, however, if you are in possession of a valid voucher, you could still open one for your child. It is important to research CTFs so you know how they work and what you can hope to achieve.

Key factors to consider when choosing an ISA for children

Set money aside with an ISA for children

If you are looking to set aside some money for your child's future, a Junior ISA is one of your options. There are potential tax advantages to be gained from these accounts and you can choose either a cash account or an investment ISA.

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