Child Trust Fund 'could be unfair' to older children

The Government needs to take action to make the most of Child Trust Funds, according to the Association of British Insurers.

A survey carried out by YouGov for the ABI shows that 42% of parents are most likely to invest their child's CTF in a deposit-based account, as opposed to "alternatives which may be more appropriate for long-term investments, such as a stakeholder account (20%), or accounts that invest in the stock market (9%)".

The survey also indicates that the deposit-based account option is "particularly popular" among women, younger parents, in Scotland and among lower income gr

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