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CTF Value complaint

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  • Malthusian
    Malthusian Posts: 11,055 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    artyboy said:
    Was Lifestyling ever a 'thing' for CTFs?  
    Not only it was a thing, but "stakeholder" Child Trust Funds were required to use lifestyling unless the parent/guardian specifically opted out of it, until this requirement was removed in 2016. 
    I ask because I thought the whole premise was for use in pensions to eliminate volatility ahead of taking an annuity/25% cash lump sum.
    The illogic of using lifestyling for CTFs was pointed out to the Government by CTF providers in a consultation before they removed the requirement.
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