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Stakeholder Child Trust Fund

We've teamed up with Family Investments to provide our stakeholder CTF account

Provided by
Logo: Family Investments

This Child Trust Fund invests most of your child's money in stocks and shares to take advantage of what are expected to be higher rates of growth over the long term compared to a cash account.

However, please remember that the capital is protected in a cash account whereas the value of stocks and shares can fall as well as rise and your child may get back less than has been paid in.

Then, on or before the child's 13th birthday, they will start to invest less in shares and more in fixed interest and cash investments. This is to help protect the value of the account over the last few years of the investment.

All money is invested for the benefit of the child, which only they will be able to access, and only once they reach 18.

To apply or to request an application pack, please click here or call Family Investments on 0800 028 3380 (calls maybe recorded or monitored for training purposes).

Manage the account online!

Family Investments now offer Online Wizard, which is a new way to manage your child’s Child Trust Fund account online. It’s easy to use and offers many great features:

  • You can check the current value of your child’s account
  • View up to date summary statements
  • See what the final value of the account might be at 18 years of age
  • See how much you can still top up this year
  • Set up and manage your direct debit top ups online
  • Add your child’s photo

This CTF is provided by Family Investments. Neither Family Investments or Skipton Building Society is able to give you financial advice on the suitability of this product. If you have any doubts you should seek independent financial advice.

Skipton Building Society offers a stakeholder CTF through Family Investments, a trading name of Family Equity Plan Limited (Co. No. 2208249). Family Equity Plan is authorised and regulated by the Financial Services Authority (FSA) under registration number 122351. Registered office 16-17 West Street, Brighton, East Sussex BN1 2RL.

 

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
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Skipton Building Society is a member of the Building Societies Association and Financial Ombudsman Service.
* To help maintain service and quality, some telephone calls may be recorded and monitored.

Gross means the interest paid before the deduction of income tax at 20%. AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year.