|
|
Article: pounds 300m quietly gathering dust.(News)
- Article from:
- The Journal (Newcastle, England)
- Article date:
- May 3, 2005
CopyrightCOPYRIGHT 2005 MGN Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
For an idea trumpeted by Gordon Brown only a few months ago ( as an important attempt to rediscover our savings habit, The Child Trust Fund (CTF) is hardly off to a flying start.
Sainsbury's Bank reckons parents holding 1.2 million vouchers sent by the Government as a gift to all children born on or after September 1, 2002, haven't yet bothered to invest them.
Although CTF accounts went live on April 6, building lump sums for children on their 18th birthday, three quarters of parents who received ...