May 29
Working Lunch today examined child trust funds and the difference between stock based funds and cash based funds. Christine Ross appeared on Working Lunch to give her opinion, which was that in general stock market investments outperform cash overall. Best then not to switch your stocks and shares savings funds into cash ones at the moment, because the stock market will likely recover and outperform interest you could get from a cash savings account.
The maximum that can be added to a child trust fund every year is £1200 per child. Stock market tracker funds are worth a look. Important to leave the money locked away if you can – this way you maximise the overall returns for your children.


