Parents deem CTFs to be 'unfair'

A survey conducted by the Association of Brtish Insurers has found a minority of parents will look towards long-term investments, such as a stakeholder account (20%), or those accounts which are stockmarket-related (9%) to invest for their child's future, rather than investing in CTFs. The Government will begin issuing out the vouchers this week, with six in ten parents saying they will pay in between £5 and £100 a month towards their children’s CTFs, while 38% are likely to save more over time. Interestingly, one in five adults believe they will not pay in extra cash into a CTF, as the...