Trust funds might sound like something only the super-rich deal with, but they’re actually a smart way for any parent to plan ...
Account holders can take control of their funds at 16 and withdraw the money once they turn 18. New figures suggest ...
Thousands of young people have money sitting in a savings account they probably know nothing about - and now people are being ...
Paterson, a 20-year-old student, was surprised to discover a £955 Child Trust Fund she didn't know existed. It turns out ...
A Child Trust Fund is a long-term, tax-free savings account that was available to set up for children born between September 1, 2002 and January 2, 2011. While the scheme closed in 2011 ...
It is estimated 728,000 more could be owed cash with £1.4 BILLION estimated to be lying in Child Trust Funds from the Labour ...
The main problem however, is that 728,000 account holders are unaware of their existence. Since the programme ended in 2011, ...
HM Revenue and Customs (HMRC) has said some people may have £2,000 or more in a bank account that they don't know about. It ...
The average amount in Child Trust Funds is estimated to be around £2,000 because of interest and extra money put in by family and friends. Each month about 55,000 people turn 18, and can redeem the ...
James Kelly from Manchester Money and Pensions Service gives advice on child trust funds.
One woman was surprised to find nearly £1,000 in a long-forgotten savings account and it's all thanks to a scheme that was ...
A Child Trust Fund is a long-term, tax-free savings account that was available to set up for children born between September 1, 2002 and January 2, 2011. While the scheme closed in 2011, it's believed ...