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Child Trust Fund (CTF)What is the Child Trust Fund (CTF)? The CTF is a new Government savings initiative for children. All eligible children born on or after 1 September 2002 will receive a voucher for at least £250 (families receiving full Child Tax Credit or equivalent benefits, as specified by HM Revenue & Customs, will receive an additional payment). This voucher can be used to open a CTF account, which is a new type of savings account. The Yorkshire offers the following types of CTF accounts:
If, after looking through the information on this website, you are unsure which option is most suitable, you may want to consult an independent financial adviser. Why engage Mutual Assurance? engage Mutual Assurance is a trading name of Homeowners Friendly Society Limited (one of the UK's leading friendly societies), and its wholly owned subsidiary engage Mutual Funds Limited. engage Mutual Assurance works hard to create accessible protection and savings products that are designed especially for families, ensuring that they offer the combination of simplicity and good value for money. They are therefore an ideal choice for the Yorkshire to work with. The equity-based Stakeholder Account is offered by engage Mutual Funds Limited. |
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