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The Child Trust Fund scheme was promised in the Labour Party's 2001 general election manifesto [3] and launched in January 2005, with children born on or after 1 September 2002 eligible. [ 4 ] Eligible children received an initial subscription from the government in the form of a voucher for at least £250.
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Short title: The Child Tax Credit Regulations 2002: Image title: Tax credits, Young people, Disability living allowance, Child tax credit, Benefits, TAX CREDITS
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Max Prince was shocked to discover that surprise fees had left him with just £12.39 in his trust fund. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 ...
Under this proposal, the trust would garner a return of 1.5-2% through federally managed investments and would be accessible only once the child turned 18. Darity and Hamilton projected that if three-quarters of newborns were eligible and the average trust amount was $20,000, the program would cost $60 billion annually. [1]
The Children's Mutual also provides the Growing Up Bond, a share-based investment plan. In 2008, the company was the recipient of Best Child Trust Fund provider for 2006, 2007 and 2008 from Investment Life & Pensions Moneyfacts Awards.