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Child Trust Funds

Factsheet,
Contact:
simon rex,
Last updated:
11 April 2020

Introduction Child Trust Funds were launched in 2005 and made available to all children born in the UK between 1 September 2002 and 2 January 2011.  They have now been replaced by junior ISAs. The aim of CTF accounts was to engender a savings habit among children; providi...

Junior Individual Savings Accounts (JISAs)

Factsheet,
Contact:
simon rex,
Last updated:
11 April 2020

Junior ISAs were introduced in November 2011 as a replacement to Child Trust Funds. Junior ISAs have the following key features: All UK resident children under the age of 18 who do not have a CTF are eligible for Junior ISAs. All returns are be tax-free.  Both cash and...

Industry response to HMRC draft CTF to JISA draft guidance

Industry response,
Contact:
andrea jeffries,
Last updated:
20 February 2015

We welcome the flexibility that the ability to transfer from CTFs to JISAs brings. To align with standard practice, an industry working group has produced CTF to JISA transfer guidelines and model forms which are also included in this response. Click below to read ...