CTF

key points

&149; The account investments shall be in the beneficial ownership of the named child. &149; Cons...

&149; The account investments shall be in the beneficial ownership of the named child. &149; Consistent with current stakeholder pension regulations, the 1.5% annual charge on the stakeholder account will be measured by a maximum of 3/730% or 1.5/365% allowed per day. In a leap year, this is still calculated as 1.5/365% allowed per day. &149; No charges are to be applied on transfers between the different types of accounts on offer and only costs incurred by providers in effecting transfers, such as share dealing costs, will be allowed. &149; The account will be free from income tax ...