Parents Urged to Open Accounts for Children

Summary


East Yorks: Parents in the region are among those less likely to open a government savings account for their children than other parts of the country, it was revealed today.

New figures show Yorkshire and the Humber has a poor take-up rate for the Child Trust Fund (CTF), with less than 70 per cent of families signing up to the scheme.

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Extract


Parents Urged to Open Accounts for Children

Under the CTF, the Government pays pounds250 into a savi...

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