He thinks this is especially true for women, who make up 70% of CTF's VIP scheme.

ECONOMIST: Luxury goods in China

"A more general approach has focused on Combined Task Force 150 (CTF 150), a coalition naval task force covering the Gulf of Aden, Gulf of Oman, Arabian Sea, Red Sea and the Indian Ocean, " the report states.

CNN: Somali piracy threatens trade, boosts terrorists, analysts say

Now, one thing that parents should bear in mind is that, at age 18, a Junior Isa (and CTF for that matter) goes straight to the child and therefore it is entirely their decision what the money is spent on or if the money is to be left invested (rolled into an adult Isa, for example).

BBC: Junior Isas: Have they been a success?