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Child Trust fund - moving more than £9000?
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surreysaver answered your question, but yes - that's right. The cash ISA obviously has to be a Junior cash ISA.Bunnysmoney said:Refluxer; you seem to be saying I can transfer the whole lot (over £10500) into a Cash ISA, and the £9000 limit only applies to money added within the year? Not money transferred from another ISA?
It's in a stocks and shares ISA now.0 -
Fortunately most broad index funds have pretty much fully recovered their position.Bunnysmoney said:her CTF is in a stocks and shares ISA. It lost several hundred pounds following the US tariffs turmoil, and I want to move it out of stocks and shares for this last 2 years before she turns 18, to be on the safe side.
Another option to de-risk would be 'investing' in a Money Market Fund within the S&S ISA.Know what you don't0
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