withdrawal of The Co-operative Investments Child Trust Fund.

Further to the Government's announcement that they will no longer be issuing Child Trust Funds, we have agreed with our Child Trust Fund partner, The Children's Mutual, that we will withdraw the Co-operative Investments (stakeholder stocks and shares) Child Trust Fund from 31st July 2010.

existing customers

If you already have a Child Trust Fund, you will:

• Continue to benefit from tax efficient investment for your child
• Be able to contribute up to £1200 per year (birthday to birthday) to the CTF
• Unfortunately, if your child turns 7 years old after 1st August 2010, they will not be eligible for the second £250 payment from the Government as this is no longer available.

For individual account enquiries, you can telephone The Children’s Mutual on 0845 600 1953. They are open from Monday to Friday 8am to 8pm and Saturday 9am to 1pm.

You can find further information on the HMRC website.