More about the transfer
From 10th April we will be looking after your child's CTF. This will take place automatically, so you do not have to do anything for the move to happen.
Your child's CTF will continue to invest in the same fund as before, the Halifax UK FTSE 100 Tracking Fund. The total annual charge for looking after the CTF will remain at only 1% per annum. There will be no other charges such as entry, exit and dealing charges.
Upon transfer, the Registered Contact will receive a transfer closing statement showing the final value of the CTF with Halifax, together with the new Forester Life personalised Plan Document. This will detail the amount transferred, any regular monthly payments, and the Plan's Terms and Conditions. In addition, we will also provide details about how to create your online MyPlans account.
Any Direct Debits set up will continue to collect as normal, this includes any made by family and friends. The only change you will see is Forester Life instead of Halifax on your bank statement. You can continue to save from as little as £10.