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Child trust funds regulations

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The Child Trust Funds (Amendment No 3) Regulations, SI 2015/1371, extend the list of qualifying CTF investments with effect from 1 July 2015 to include securities issued by co-operative and community benefit societies and other securities traded on a recognised stock exchange in the EEA.

The Child Trust Funds (Amendment No 3) Regulations, SI 2015/1371, extend the list of qualifying CTF investments with effect from 1 July 2015 to include securities issued by co-operative and community benefit societies and other securities traded on a recognised stock exchange in the EEA. The regulations also allow a CTF holder who has reached 16 to choose whether to manage their own account, or leave this in the hands of a parent, following consultation which ended in January.

Issue: 1267
Categories: News , Trusts & estates
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