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One Family Child Trust Funds
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ChilliBob
Posts: 2,319 Forumite

Hey guys,
Does anyone know much sbout this one family outfit, that amongst other things, provides child trust funds?
My nephew and neice (13 and 16) have one from the Gordon Brown child trust fund thing. Basically had not much in it for years but has just had 9k out into it from my Mum as part of an inheritance thing
My brother doesn't have the time or the inclination to look into this really, so on his behalf I'm trying to dig around to see of its worth them moving to a JISA (e.g. With Fidelity) or sticking where they are if its *not too bad*.
If its horrible I'll try to convince them to move. The one family website seems a bit light on fees and info like that.
Cheers in advance guys
Does anyone know much sbout this one family outfit, that amongst other things, provides child trust funds?
My nephew and neice (13 and 16) have one from the Gordon Brown child trust fund thing. Basically had not much in it for years but has just had 9k out into it from my Mum as part of an inheritance thing
My brother doesn't have the time or the inclination to look into this really, so on his behalf I'm trying to dig around to see of its worth them moving to a JISA (e.g. With Fidelity) or sticking where they are if its *not too bad*.
If its horrible I'll try to convince them to move. The one family website seems a bit light on fees and info like that.
Cheers in advance guys
0
Comments
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It's a very average product. They are getting to an age where it might be better to switch to a 2.5% cash JISA if they are likely to be spending the money at age 18 on a car, uni, etc?1
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ChilliBob said:I'd love 2.5% dead cert interest right now!
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For people without the time or inclination it certainly seems like the best option.0
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