Child Trust Funds

Recovering the £½ Billion in unclaimed Child Trust Funds

One of the goals of ShareSoc Investing Basics is to raise awareness of the Child Trust Funds. You may recall Gordon Brown introduced Child Trust Funds in 2005 as explained in this article in This is Money, who are partnering with ShareSoc to help the Investing Basics videos reach as wide an audience as possible. Every child born in the UK between 1/9/2002 and 2/1/2011 was given £250, placed into a trust fund, for access at 18. With no other additional investment, the funds for ...

A Christmas present for the kids, and goodwill from Avocet directors

The Government has announced that it will allow Child Trust Funds to be transferred to Junior ISAs. The investment returns and charges on Child Trust Funds compare poorly with those available in ISAs so this is a welcome move. The only reservation is that it may not be possible to implement this until April 2015.Avocet Mining, a gold mining and exploration company, have also got into the spirit of the season by announcing that the fees paid to the Chairman and ...