Child Trust Funds Take Up 72 per cent
Published / Last Updated on 20/06/2008
Child Trust Funds Take Up 72 per cent
According to the latest government figures, uptake of child trust funds has increased to 72 per cent. During a recent Treasury select sub-committee hearing, Kitty Ussher, the economic secretary to the Treasury focused on government initiatives to highlight the scheme to children and parents through the education system and acknowledged the importance of encouraging low income families to add contributions to their children’s account to make the most of child trust funds.
Our view
We are surprised that there are still people who do not take action with this free money for their children. However, we suggest it is still about being made simpler.
Useful links:
Learn more about Child Trust Funds and related topics in the Savings Adviser Channel
Request expert financial advice now
Purchase guidance on financial planning in the Money Shop
