Commons Briefing paper by Tim Edmonds. It was first published on Thursday, 30 January 2014. It was last updated on Wednesday, 27 March 2024.
Child Trust Funds & Junior ISA transferability
In 2024 the Library published a new briefing on child trust funds, focusing on challenges that have emerged with beneficiaries accessing their accounts, since they started to mature from 2020.
Originally called 'baby bonds' child trust funds are a financial endowment payable to every child at birth. This note looks at the history of the child trust fund regime up to the announcement that CTFs could be transferred into Junior ISAs and the subsequent decision to phase them out in 2011.
Secondary information
- Type
- Research briefing
- Reference
- SN06468
- Related items
- Subjects
- Children Child trust fund Families Individual savings accounts Personal savings Low incomes Tax allowances
- Legislation
- Savings Accounts and Health in Pregnancy Grant Act 2010
- Child Trust Funds Act 2004
- Contains statistics
- Yes
- Published by
- Business and Transport Section
- House of Commons Library
- Link
- View this Research briefing on researchbriefings.parliament.uk
Librarians' tools
- Timestamp
- 2024-04-02 11:51:08 +0100
- URI
- http://data.parliament.uk/resources/345385
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/resources/345385
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/resources/345385
- Internal location
- http://researchbriefingsintranet.parliament.uk/ResearchBriefing/Summary/SN06468