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If you agree, help us persuade the Govt to let parents transfer Child Trust Funds to Junior ISAs

7 replies

Tanglefoot70 · 22/04/2012 23:30

We have one child with a Child Trust Fund (unfortunately not performing well) & our latest has a Junior ISA. We would like to be able to transfer the funds from the Child Trust Fund into a Junior ISA for our first child but at present this is not allowed. We have set up a Govt petition to try & get this changed, anyone willing to add their signature would be much appreciated!

epetitions.direct.gov.uk/petitions/32461

OP posts:
clopper · 22/04/2012 23:33

signed, we have the same problem

LadyofWinterfell · 22/04/2012 23:39

We have 3DC with underperforming CTF. Our youngest is only 2.7! Our eldest's is worth less than the initial payment now, and doesn't stand a chance of being worth anything if it stays as a CTF.

Signed.

throckenholt · 09/05/2012 13:29

there aren't many signatures - maybe you can repost this somewhere more prominent - maybe in chat.

Must be relevant to anyone with kids old enough to have CTFs.

WocketInMyPocket · 07/01/2013 19:56

Signed - especially relevant for those that invested their own money in the CTF (not just the gov freebie) and now no hope of them performing as expected.

PoppyWearer · 07/01/2013 19:57

Old thread, petition is now closed?

WocketInMyPocket · 07/01/2013 20:07

Oh caught out again! Pity - but presumably it hasn't done any good?

Southwest · 24/02/2013 18:57

this is really important IMHO

exactly the sort of thing mumsnet should be campaigning about

why oh why does the gov think it is a good thing to stitch up little children and teach them the value of not saving

even when they are too youg the learn the lesson

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