Child Trust Funds
Karen Richardson • October 1, 2018
| These children will have had one, in some cases,
two deposits from the Government in a bid to create tax free savings that a
child could not withdraw until they were 18. However at the age of 16, they
can make decisions and take responsibility for their fund, and in September
this year, 6 million of those qualifying children turned 16. |
Can you believe it is already May and we have now been under restrictive movement guidelines for 5 weeks? I do hope everyone is keeping safe and is well, weathering this strange time. More news will be coming from the government in a week or so as to whether this current guideline continues or relaxes a little, but this week we have started to see a little bit of good news in the market that I was keen to share with you. Brewin Dolphin has summed it up brilliantly, so it just seemed sensible to share the document they have released. If you have any questions abut how this affects your investments and pension, then please just get in touch and I'll be happy to talk!
The Myths Dispelled
Schroders is always a mine of information when it comes to forecasts on the Global economy. I particularly liked this piece. It is the first of a series in which Keith Wade, Chief Economist & Strategist, discusses whether the Goldilocks combination of strong growth and low inflation can continue in 2018.
