P541 Teletext 541 Sep02 20:09:19
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A MILLION 'IGN/RE' CHILD TRUST FUND
Around 889,000 Child Trust Fund (CTF)
accounts have been opened since the
scheme launched in April 2005.
This represents 46% of all vouchers
sent to eligible parents, according to
HM Revenue & Customs.
Although there are still many parents
yet to open a CTF account, the gap did
narrow between May and August. Around
390,000 new accounts were opened, a
rise of 75% from the prior period.
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