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Child savings funds

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Old Oct 26th 2006, 7:27 pm
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Default Child savings funds

Anyone know what happens to those new Child Savings funds set up by Government, if a child holding one goes to live permanently in Australia?

We've got one for our youngest, but info that came with it doesn't mention what happens if he leaves the country for good!
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Old Oct 26th 2006, 8:58 pm
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Default Re: Child savings funds

Originally Posted by Australia_bound?
Anyone know what happens to those new Child Savings funds set up by Government, if a child holding one goes to live permanently in Australia?

We've got one for our youngest, but info that came with it doesn't mention what happens if he leaves the country for good!
Hiya,

We contacted ours and told them that we had moved back to Australia, they just changed the address to our new OZ one....no questions asked.
Hope this helps,
Tanya
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Old Oct 26th 2006, 9:49 pm
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Default Re: Child savings funds

Originally Posted by Australia_bound?
Anyone know what happens to those new Child Savings funds set up by Government, if a child holding one goes to live permanently in Australia?

We've got one for our youngest, but info that came with it doesn't mention what happens if he leaves the country for good!
Thanks for the thread.

I was wondering that too!

Jx
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