Should you move a Child Trust Fund into a Junior ISA?
Young savers could be missing out on lower fees and higher returns by leaving money in a child trust fund (CTF) rather than transferring into a Junior ISA (JISA).CTFs were a tax-free savings account available to children who were between 1 September 2002 and 2 January 2011. These accounts were given a funding kickstart from the government with an initial deposit of £250. The idea was to build a savings habit for children early on, letting the accounts earn savings interest or invest in the