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About this time last year we received a statement from Engage Mutual Assurance, the company the British government “invested” #4′s Child Trust Fund in, showing that it made a 6.2% loss. I reiterated my belief that the Child Trust Fund is “a fucking rip-off scheme designed to make rich companies richer”. Today we’ve had the latest statement. The British government has “invested” some more money with Engage so the £210 that was left last year after Engage took their 1.5% mismanagement fee is now worth £439.99. Great stuff. Unfortunately, ... Read More
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