What's wrong with the 'C'-word?

Gosling's Grouse

In a couple of weeks, all those parents who have not invested their Child Trust vouchers will automa...

In a couple of weeks, all those parents who have not invested their Child Trust vouchers will automatically have the £250 invested for them by the Government. Very paternalistic of the Government you might say but it seems to me a natural step in the Chancellor's drive to create a savings culture. The Child Trust Fund is an easy target for those who knock the Government - and I'm a regular one of those - but it has been one of the more innovative initiatives. While Cat standards were a commendable idea badly executed and Isas are developing into a good follow-on from Peps, CTFs are a sim...