All about the Junior ISA
We look at HM Treasury proposals for the launch of a Junior ISA later this year, with a £3,000 annual contribution limit and the same access concerns as the Child Trust Fund.
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We look at HM Treasury proposals for the launch of a Junior ISA later this year, with a £3,000 annual contribution limit and the same access concerns as the Child Trust Fund.
The Government is planning to introduce a new tax-efficient savings account for children, to replace the soon to be abolished Child Trust Fund.
We have known for some time that it was Conservative party policy to scrap Child Trust Fund (CTF) payments for all but the poorest families. It therefore came as a bit of a shock to hear George Osborne announcing that CTF payments are being scrapped entirely.
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