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F&C offers guide to CTFs

F&C Asset Management has published a guide to child trust funds.

The free guide explains the benefits of making savings for children and how parents can choose the right CTF. It also looks at the difference between stakeholder and non-stakeholder CTFs.

It is available through F&C’s website, which features a calculator which parents can use to work out the annual or monthly savings needed to meet savings goals such as university fees.

Clayton and company director Anne Clayton says: “There is quite a lot of confusion in the market about CTFs and a guide like this could be very helpful for deciphering the mysteries associated with them. Many of our clients feel the CTF is not for them as they are older but a lot of them have grandchildren and anything that can raise awareness of CTFs in this market is positive.”

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