The Children's Mutual - The Government gives each newborn child a voucher worth £250 when their parents register for Child Benefit. This must be used to open a Child Trust Fund (CTF) account – on the child's behalf.
The idea is that the account grows into a lump sum for the child to use when they are 18. There are around 800,000 births in the UK every year, the vast majority of whom qualify for a CTF.
The Childrens Mutual are the only company
that specialises in savings and investment for children.
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