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Half a Million Babies Could Miss Out on £165m of Junior ISA Savings in the Next Twelve Months

The Junior ISA is designed to replace the Child Trust Fund as the default savings option for children but new research from Family Investments indicates that as many as half a million (511,000) of the 700,000 children born so far this year are unlikely to have an account opened on their behalf*. Th… Released on Dec 19, 2011 5:23 am by SiteVisibility in Columbia SC