 Child Trust Funds (CTFs) have recently celebrated their third birthday, allowing every child born after 1st September 2002 to receive £250 (or double that if the family is on a low income) from the Government. Currently, there are several websites that compare Cash Child Trust Funds, but only MyEggNest leads the way by providing a comparison table of all three types of Child Trust Funds: Cash, Stakeholder and Equity.
MyEggNest’s
all-inclusive, easy to understand comparisons provide parents with the
information they need to make informed decisions about available CTF’s
or to see how their children’s current Child Trust Fund compares to
others on the market.
Remember that once the CTF voucher has been issued, you have a year to open an account and put it toward a cash, stakeholder, or shares account.
In addition to this voucher amount, that you invest, grandparents,
family and friends can also add up to £1,200 to the fund every year tax
free, and once your child turns seven, the Government will put in
another £250 or £500. The idea is that the investment will grow to give your child a financial kick-start at the age of 18, all tax-free.
Although opening a Child Trust Fund is relatively straightforward, you will want to make sure you’re choosing the right one. www.MyEggNest.com
makes things really simple. They offer easily accessible online
information comparing the best performing CTF’s and children’s saving
accounts. Comparison tables reveal how different funds have been performing over the past three years.
This valuable information, coupled with a wide selection of reviews, makes MyEggNest an essential resource for every parent. And if you choose to write a product review on your CTF or Children's Savings Account experience, MyEggNest will send you a free Mr Men (or a Little Miss) Bruise Soother. So, if you’re looking for clear and concise information from a reliable source, MyEggNest is definitely for you. You can also seek guidance from other parents in the form of a Child Trust Fund discussion forum. www.MyEggNest.com
To further relieve some of the other stresses and strains for new parents, MyEggNest also has a facility that enables you to download Child Trust Fund E-brochures of your choice in PDF format. Each brochure provides information specific to that particular Child Trust Fund.
Access to this information on one site saves the hassle and time of
having to find every website for each product before you can research
what different funds have to offer.
The message from the Government is clear.
Parents who decide to invest their children’s Child Trust Fund voucher
and earn interest on that investment will be better off than the 25% of
parents who choose not to do anything at all.
So ACT NOW and start comparing the best Child Trust Funds for your
children before you miss out on even more interest and capital growth!
Happy Egg Nesting!!
www.myeggnest.com
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