Smile Bank

Phone: +44 (0)8457212212, +44 1481 710527

Child Trust Fund

-If you already have a Child Trust Fund, you will:
-Continue to benefit from tax efficient investment for your child
-Unfortunately, if your child turned 7 years old after 1st August 2010, they are not eligible for the second £250 payment from the Government as this is no longer available.
>withdrawal of The Co-operative Investments Child Trust Fund.
-Further to the Government's announcement that they will no longer be issuing Child Trust Funds, we agreed with our Child Trust Fund partner, The Children's Mutual, to withdraw the Co-operative Investments (stakeholder stocks and shares) Child Trust Fund from 31st July 2010.


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