What types of investment cannot be held directly in a stakeholder CTF account?
• Investment trust shares or securities or collective investment scheme shares, where the buying and selling prices of shares is not the same • With-profits endowment policies or rights in contracts of insurance in a with-profits fund • Rights in contracts of insurance whose value is linked to shares or units in a fund where the buying and selling price of shares or units is not the same • Company shares • Company securities whose value could fall below 80% of their purchase price • Cash in bank or building society deposit accounts whose interest rate is more than 1% below Bank of England base rate • Depositary interests in any of the above
