From: "sylvian stone" 
Newsgroups: uk.finance
Subject: Re: Non-CTF investment for child?
Date: 4 Nov 2005 02:46:54 -0800
   posting-account=gabJhwwAAABcW2u-v_a834MQwrUCayg6


Guy Snape wrote:
> Biscit wrote:
>
> > "Guy Snape"  wrote in message
> > news:dKnaf.1935$Ua6.1021@newsfe6-win.ntli.net
> >
> >
> >>I've just opened a stakeholder child trust fund account with the Police
> >>Mutual for my younger child. The voucher is worth =A3268 and I'm going =
to
> >>pay in =A350 a month. My older child did not qualify for a CTF voucher.=
 At
> >>the moment I pay =A350 a month into his Nationwide savings account, but=
 I
> >>would like to change this to something with higher potential return when
> >>he's 18, similar to his sister's stakeholder account. What would you
> >>recommend?
> >
> >
> > Is it true you can't set up a CTF for a child that didn't qualify
> > for the voucher.
>
> Yes, it is true, I just checked on the gov's CTF website.
>
> - guy
>
>
> --
> Remove the obvious to reply.

You can invest in anything you like if you use a Bare Trust.

An Investment Trust, such as F&C, Caledonia or British Empire
Securities that offer a monthly savings plan is possibly a good idea..