Trust Fund Children Hold the Key to Shares Boost ; Financial Mail Investing in Equities

Summary

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INVESTING IN EQUITIES Stock markets are likely to see a major boost when the Government's Child Trust Fund opens for business in April. The scheme is available to all parents whose children were born after August 31, 2003.

Each eligible child will receive a voucher worth Pounds 250, with which the parent or guardian can open a Child Trust Fund account.

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Extract

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Trust Fund Children Hold the Key to Shares Boost ; Financial Mail Investing in Equities

Providers must give parents the option of an account that invests in the stock market. This could prove a real benefit to parents as equities have consistently beaten cash deposits over the long-term, even taking account of the stock mark...

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