Our Shepherds Stakeholder CTF Plan lets you invest your child’s £250 Government Child Trust Fund (CTF) voucher and look forward to a TAX-FREE lump sum for the child when they reach age 18
As the parent or guardian of a newly born child, the Government will have provided you with a £250 Child Trust Fund voucher to be invested in a CTF savings plan on their behalf. With Shepherds you can invest this in our Stakeholder CTF and go on saving to build up a useful TAX-FREE lump sum for them when they reach the age of 18.
Just look at what the Shepherds CTF Plan has to offer:
Simple to open
Just complete our CTF application form and return this to us with the Government's £250 CTF voucher and we'll take care of the rest.
Save from just £10 a month up to £1200 a year
You can also build on the initial £250 sum by investing from as little as £10 a month as regular savings. Grandparents, aunts, uncles and even family friends can also make contributions as well on a monthly basis or as one-off contributions at times such as birthdays or at Christmas - right up to the maximum total of £1200 in any one tax year.
A TAX-FREE lump sum for your child when they reach age 18
At the maturity of the Plan your child will receive a lump sum which is completely TAX-FREE so they can enjoy the full benefits of your savings.
All references to taxation are to UK taxation and are based on Shepherds Friendly Society's understanding of current legislation and HM Revenue & Customs practice which may change in the future. Investment growth cannot be guaranteed throughout the term of the contract. Please ensure that your client reads the full Terms and Conditions of the plan which are available by contacting us directly.