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Can I transfer a Child Trust Fund (CTF) into a Junior ISA?

Yes, in April 2015, the government introduced the option to convert a Child Trust Fund into a Junior ISA. Anyone who had opened a CTF has been able to either keep paying into the same fund, up to £9,000 a year, switch the existing account to a new provider, or transfer the savings into a Junior ISA.

With investing your capital is at risk. Investments can fluctuate in value, and you may get back less than you invest. ISA eligibility applies.

If you need more information or have any further question, and you are not already a client with True Potential, you can speak to our friendly team on 0191 625 0350 available 7am-8pm weekdays.

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