pebrey:Hi, Just had Baby no.1

Congratulations for starters...

pebrey:Money must be available for Me & Mum to draw on at any time should t be required

We don't want the funds to transfer automatically to him on his 18th birthday

The voucher that you receive for the CTF must be used in a recognised CTF account. This will not be permitted to be drawn on by mum or dad and will transfer completely to Baby no.1 on their 18th birthday.

There is no way around this for the funds given to your child by the government.

However, this does not mean you can't open a separate account, outside of the CTF wrapper in your childs name which you do have control over. You can then dip in and out of that till the cows come home and if, God forbid, your little'un would want to go blow it on a world wide pi$$ up, you can just close it before it becomes theirs.

If it helps, to give you an idea we have done a mixture. We have the CTF vouchers (plus a little top up) in an F&C CTF investment vehicle. We also save separately, using the child allowance, into a kids savings account at the Nationwide.

Hope this helps...