junior ISA

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dazzles
dazzles Posts: 37 Forumite
in ISAs & tax-free savings
The govt are introducing junior ISAs next autumn to replace the child trust fund. Does anyone know if it will be possible to transfer funds from a CTF to a junior ISA when the time comes OR will the cash have to stay in the dormant CTF perhaps earning poor interest?
Nice to save.

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  • Baldur
    Baldur Posts: 6,565 Forumite
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    dazzles wrote: »
    The govt are introducing junior ISAs next autumn to replace the child trust fund. Does anyone know if it will be possible to transfer funds from a CTF to a junior ISA when the time comes OR will the cash have to stay in the dormant CTF perhaps earning poor interest?
    Longish thread on the junior ISA proposal HERE, basically the details haven't yet been finalised.
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