Foresters Financial receives targeted support permission

Foresters initially plans to use this permission to support young people make informed financial decisions for their Child Trust Fund (CTF) when they become young adults.  CTFs are tax-free savings accounts opened for children born between 1 September 2002 and 2 January 2011, designed to promote good savings habits and give them a financial asset when they turn 18.  Foresters intends to launch its first proposition utilising targeted support in the coming weeks.  The firm said the CTF-focused proposition has considered research from several sources, including the FCA, The Investing...