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Paul Thompson, tax & estate planning consultant at Canada Life Limited, explains how your clients can stop their grandchildren frittering away their trust funds.
More warnings about fund fees, a growing controversy around JISAs and an explanation of financial planning - five things the nationals have thrown up that your clients will call you about this week.
Only a handful of platforms will be ready for the 1 November launch of Junior ISAs, with a number confirming they have no current plans to offer the products.
Other Child Trust Funds articles
A warning about underperforming Child Trust Funds, dividends on the rise again, and the pros and cons of low-cost funds. Here is IFAonline's round-up of the weekend's national newspapers...
The Junior individual savings account (JISA) yearly limit will be raised from £3,000 to £3,600, the Treasury is expected to announce this next week.
The Investment Management Association (IMA) has written to the Treasury urging the government to consider providing contributions to Junior ISAs at birth.
Weekend papers round-up: Spanish property, the value of marriage and Swiss tax exiles were all on the news agenda, while popular acronyms included JISAs and MINTs.
Providers will be able to set the minimum contribution requirements on Junior ISAs.
The government will today confirm a maximum annual allowance of £3,000 for the new Junior ISAs.
Child trust funds (CTFs) have been axed as part of £6.2bn Government cuts.
Debt reduction is "the most urgent issue facing Britain," according to the Con-Lib coalition's Programme for Government, published today.
Joanna Faith assesses the different options for giving financial gifts this Christmas...
The Conservatives will cut back on child trust funds (CTFs) if they win the next election.
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