Plans to allow "zombie" child trust funds (CTFs) to be switched to Junior ISAs could see savers £7,500 better off.
Conservative plans to curtail tax-funded payments into child trust funds have not gone down well. The scheme should be expanded not cut back, says the industry
It would appear financial services are going to play a fundamental part of the next general election with the Conservatives tackling many of the main issues with policy ideas and initiatives being announced during its party conference last week.
Four years after inception, Child Trust Funds have clearly made a positive impact on childrens' savings, but there still seems some work to be done to encourage parents to engage with the scheme
The Investment Management Association (IMA) is urging the Government to increase the limits for I...