Child Trust Fund

Child Trust Fund

Baby Bond®

Key features at a glance

  • Offered in partnership with The Children's Mutual - The only organisation in the UK that specialises exclusively in children’s savings.
  • Save from £10-£100 a month to help your child's savings grow.
  • Tax-free growth and a tax-free lump sum for your child at 18.

The Children’s Mutual is the only organisation in the UK to specialise in children’s savings. Having been involved with Child Trust Fund consultation since its inception, and offered plans for saving for children for more than 50 years, The Children’s Mutual is ideally positioned to a Child Trust Fund account

The Child Trust Fund (CTF) is the first ever universal savings account for children. Starting in January, nearly two million children born since 1 September 2002 will receive a voucher for at least £250 to set up a long-term savings account. After that, around 60,000 new born children will qualify each month for the CTF. The account will mature when a child reaches 18 and is intended to provide a financial kick-start into adulthood.

David White, Chief Executive of The Children’s Mutual said: "The Child Trust Fund is a wonderful opportunity for parents to start saving for their children and we are delighted to be working in partnership with Leeds Building Society to deliver a stakeholder Child Trust Fund savings account to their customers."

In addition to the Child Trust Fund account Leeds Building Society will also be hoping to offer a cash-based alternative in the future.

To make sure you receive information about the Child Trust Fund, simply complete the online registration form and an information pack will be sent to you straight away. Alternatively you can apply online now.

Want to find out more?

Open a Stakeholder Child Trust Fund Baby Bond®

Register for free Child Trust Fund information

View frequently asked questions on the Child Trust Fund

Important notes

The Children's Mutual, PO Box 2067, Gloucester, GL4 3YU

Tel: 0845 077 1899 Email: mail@thechildrensmutual.co.uk Website: www.thechildrensmutual.co.uk

The Children's Mutual is a trading name of the Tunbridge Wells Equitable Group, which includes: Tunbridge Wells Equitable Friendly Society Limited and Tunbridge Wells Equitable Investments Company Limited. Both are authorised and regulated by the Financial Services Authority. For further details see the Terms and Conditions link above.

Leeds Building Society is a member of the Building Societies' Association. The Society is a participant in the Financial Services Compensation Scheme established under the Financial Services and Markets Act 2000. Payments under the Scheme are limited to a maximum of £50,000 or €50,000 (whichever figure is higher on the day of default) of an investor's total shares and/or deposits in a society. Most investors are covered, including individuals and small firms. A small number of categories of shares and deposits are not covered, for example deferred shares - permanent interest bearing shares. Although most shares and deposits are denominated in sterling, all other currencies are covered. Further details are available on request from the Society.

The Society is covered by the Financial Ombudsman Service. We may monitor and/or record your telephone conversation with the Society to ensure consistent service levels (including staff training). The Society's main business is the provision of savings products, mortgages and general insurance. The Society offers some investment products that may be operated through branches and by post and certain products which can be operated by post only.

Leeds Building Society is authorised and regulated by the Financial Services Authority and our registration number is 164992. You can check this on the FSA register by visiting the FSA website at www.moneymadeclear.fsa.gov.uk or by contacting the FSA on 0845 606 1234.

Other taxes or costs may exist that are not paid by Leeds Building Society.

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