Child Trust Fund
I heard today that they are going to be scrapping the ??250 Child Trust Fund.
Does anyone know when this will happen? Will our LO's still receive this or is it effective as of now?
Does anyone know when this will happen? Will our LO's still receive this or is it effective as of now?
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He he he! I agree it's an obvious cut to make with the country being in so much debt but I am glad that Grace will have the same initial investment as DD1 had 3 years ago (although on our last statement her fund is actually worth less than the money we've paid into it!!!)
Its with the childrens mutual but I'm not sure what type of account it is. Should really! It is obv tied to the stock market though which is why its currently worth less than we've paid in.