Introduction to Child Trust Funds Child Trust Funds (CTFs) are a unique savings vehicle established by the UK government in 2005. Aimed at encouraging savings for children’s futures, CTFs are designed to help bridge the wealth gap and provide a financial asset for young individuals reaching adulthood. The relevance of CTFs has gained renewed attention
Introduction to Child Trust Funds The Child Trust Fund (CTF) was established in the UK in 2005 as a savings plan designed to encourage saving for children. The initiative was developed to provide children with a financial foundation as they reach adulthood. Understanding Child Trust Funds is vital, especially in an era where financial literacy