Disappointment for child savers

Thursday, 5 December 2013

Disappointment for child savers from Moneyfacts on Vimeo.

Parents who hold savings accounts for their children could well be disappointed by the lack of news from today’s Autumn Statement. It had been hoped that Chancellor George Osborne would allow child trust funds (CTFs) to be transferred to junior ISAs in order to benefit from the better rates that can be achieved, but unfortunately that announcement failed to materialise.