So how did you choose your Child Trust Fund account provider?

[TooTicky]

I've done nothing about it for months, looked through the list this morning and requested info from the Ancient Order of Foresters Friendly Society Teddy Trust, just because I thought the ancient foresters bit sounded nice. I was going to go with the Co-op for ethical reasons, but apparently they're not "approved" for child trust fund accounts. Whatever that means.
So does anybody know if they are any good?
And how did you choose yours?

I went with the Co-op for ethical reasons, and because my brain was so addled with sleep deprivation at the time, I just wanted to get it over and done with. Didn't know it wasn't "approved"! what do you mean by approved anyway?

this article is a good overview.

We went for the Cooperative Insurance Society account which tracks the FTSE4Good index.

In the trust fund information pack they give a list of "financial institutions that we have approved to offer Child Trust Fund accounts".
I just assumed they were the only ones you could use.

I went with barclays bank for ds's after thinking & thinking about it,no idea why!

I now have dd's & i will also be putting hers in the barclays too.

The CIS offer their account "in partnership" with The Children's Mutual, maybe that explains it.

Anyway - if you're interested, details of the account here.

Thanks, that's really useful

We went for the children's mutual because they had a good rate but also allows you to move if you want to.

We went for the Co-op too for ethical reasons. We won't be paying into it (so we weren't bothered about tracking, contributions, etc.) so we just opened one that wasn't going to fund the arms trade!