 How best to invest for your child's future
From the start of September, children reaching their seventh birthday will be eligible to receive a second payment into their Child Trust Fund. The scheme was started by the Government four years ago as a way of encouraging parents and children to save for their future. Every child is given a voucher to invest 250 pounds when they are born. But since the scheme’s launch, around a quarter of parents have failed actively to choose a fund in which to invest their child’s money - perhaps because many parents are unsure about the best way to invest the money. Jane is joined by Personal Finance Journalist, Sarah Pennells, to find out more about the Child Trust Fund. |
