I’m pregnant – will my baby be entitled to a Child Trust Fund?
Congratulations! If your baby was born before 2 August this year and you claim Child Benefit for them by 1 November 2010, they’ll receive a £250 CTF voucher once you’ve claimed Child Benefit for them. If your baby is born any time from 2 August to 31 December this year they will receive a £50 CTF voucher. Unfortunately, if your baby is born after 31 December 2010 they won’t be entitled to a Child Trust Fund under the new Government proposals.
Unfortunately, if your baby is born after 2 January 2011 they won’t be entitled to a Child Trust Fund – but the Government has announced plans to develop a Junior ISA for those families with children who will miss out on a CTF. Find out more about Junior ISAs.