4 million child trust funds opened in UK
A total of 4.01 million child trust funds have been opened since the scheme stated. Latest data from HM Revenue & Customs (HMRC) show since January 2005 4.3 million child trust fund vouchers have been issued – but only three-quarters of parents are investing the vouchers. However, parents investing the average GBP 24 a month into an account could provide their offspring with GBP 9,750 at the age of 18, according to estimates from the Children’s Mutual.
Source:
http://www.myfinances.co.uk/news/investments/child-trust-fund/4m-child-trust-funds-now-open-$1259681.htm
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