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Concept information

Preferred term

CHILD TRUST FUNDS  

Definition

  • THE CHILD TRUST FUND (CTF) IS A LONG-TERM SAVINGS AND INVESTMENT ACCOUNT FOR CHILDREN. CHILDREN LIVING IN THE UK FOR WHOM CHILD BENEFIT IS BEING RECEIVED AND WHO WERE BORN ON OR AFTER 1 SEPTEMBER 2002 ARE ENTITLED TO A CHILD TRUST FUND ACCOUNT.

Entry terms

  • BABY BONDS

History note

  • TERM CREATED NOVEMBER 2007

URI

https://hasset.ukdataservice.ac.uk/ff338792-6564-4934-9bfa-ee46a6ed82df

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