Summary
Parents who invested Government child trust fund payments in shares-based accounts could have lost nearly pounds100 in recent stock market falls, said a new report. But cash-based funds have benefited from the high interest rates being paid at the time the scheme began and the best performing have gained pounds57 over three years, according to a survey by consumer magazine Which?. The report looked at the performance of child trust fund accounts over the first three full years of the scheme's operation.
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Child Trust Shares Take Nasty Tumble
The Government has wasted m...
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