Compare children's savings accounts
A Child Trust Fund (CTF) was an initiative by the government that provided a £250 savings voucher for every child born after the 1st September 2002.
Child Trust Funds were abolished by the coalition government in 2010 and it is no longer possible to open a Child Trust Fund for a child born after 2 January 2011. The accounts belong to the child and the funds cannot be withdrawn until they turn 18.
Existing Child Trust Fund accounts are unaffected by the ending of the scheme and payments into these accounts can still be made.The government confirmed in the 2011 Budget that Junior ISAs would be introduced to replace the Child Trust Fund.
Compare Junior ISAs using the table below: