HMRC is consulting until 14 December 2015 on whether to continue the requirement for providers of child trust fund accounts to carry out the ‘lifestyling’ process of reviewing their investment strategy to minimise risk in the run-up to an account reaching maturity. The government announced its intention in July 2014 to consult on the value of this process, in view of changes in the market for tax-advantaged saving for children. See www.bit.ly/1OubTJb.
HMRC is consulting until 14 December 2015 on whether to continue the requirement for providers of child trust fund accounts to carry out the ‘lifestyling’ process of reviewing their investment strategy to minimise risk in the run-up to an account reaching maturity. The government announced its intention in July 2014 to consult on the value of this process, in view of changes in the market for tax-advantaged saving for children. See www.bit.ly/1OubTJb.
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