If you have any questions or queries that are not answered below please do not hesitate to contact our customer care team via the methods shown to the right.

You can also download a copy of the Key Features by clicking the link below.

Children born after 1 September 2002, living in the UK, for whom Child Benefit is payable and are not subject to immigration control will receive a Child Trust Fund voucher for £250 from the government. Parents or guardians can invest this voucher for the benefit of the child in a CTF account.

One year after the child is born, if the voucher has not been invested the government invests it for you. HMRC will inform you which organisation your voucher has been invested with and if it is us you will receive a certificate and a registered contact form shortly afterwards.

If the account was opened for you by HMRC we will send you a certificate and two forms. The ‘Registered Contact’ form needs to be completed so we know who to contact about the account. The ‘Gift Application’ form need only be filled in if you want to gift additional funds to the account.

Additional contributions can be made to the child’s account up t a total of £1,200 in each year, on top of what the government pays in. The minimum payment accepted into the CTF is £10, either as a one off payment or monthly by direct debit.

. How can I make contributions?

You can print off either of these forms by using these links.

Registered Contact form

Gift Application form

Can I transfer my child’s CTF account to the Nottingham Friendly Society from another provider?

Yes. Simply fill in the form below, send it to us and we will organise for the transfer to take place.

CTF Transfer form

Can I transfer my child’s CTF account from the Nottingham Friendly Society to another provider?

Yes. Simply contact the provider you wish to transfer the account to. They will contact us to organise the transfer to take place.

A stakeholder CTF plan must meet the following conditions, as prescribed by Her Majesty’s Revenue & Customs (HMRC):

• Charges should not be more than 1.5% of the value of the plan per year
• The plan must have exposure to equity investments
• Contributions of £10 or more must be accepted
• Contributions must be accepted by cheque, direct debit, standing order and direct credit (i.e. BACS)
• The plan must offer Lifestyling (see ‘What is lifestyling?’).

There are three types of CTF account:

• Stakeholder
• Non-Stakeholder Shares
• Non-Stakeholder Savings

• Charges may exceed 1.5% per year and
• It does not normally provide Lifestyling.

The money saved in the first 13 years is invested in the Nottingham Friendly Society UK Index Fund. The investment objective of this fund is to track the capital performance of the UK equity market, as represented by the FTSE All Share Index. The Fund is presently managed by Legal & General Investment Management.

In the last five years before the child's 18th birthday, the risk of the plan losing value is limited by use of 'Lifestyling' (see below).

The contributions you pay are used to purchase Units in the Fund. The investment performance of the Fund will determine the value of the child's plan at any time.