HUNDREDS of thousands of young people could be missing out on £2,200 sitting in forgotten savings accounts, according to HMRC ...

Latonya Skye-Paterson had no idea a Child Trust Fund had been set up for her until her college tutor suggested she check online. "I found I had £955 in there, which is a lot. A lot more than I ...

Child Trust Funds were meant to help young people make a good start in adult life, writes money coach Talia Loderick. But four years after the first accounts matured, 671,000 of them remain ...

The first Child Trust Fund accounts were launched in 2005 and made available to all children in the UK born between 1 September 2002 and 2 January 2011. They began to mature on 1 September 2020 ...

The revenue body is reminding 18- to 22-year-olds with unclaimed child trust funds (CTFs) about their windfalls – with the average savings pot worth £2,212. CTFs were set up for children born ...

A HIDDEN charge could leave thousands of bank account holders with far less cash than they had expected. Child Trust Funds are long-term, tax-free savings accounts which were set up for every … ...

HMRC is urging parents to check if their children might have a forgotten stash in a Child Trust Fund, with the average pot ...

The tax office has issued a new alert about Child Trust Fund savings accounts, which are worth an average of £2,200. HM ...

As the account is in the child’s name, the money in a Child Trust Fund belongs to them. This means from their 18th birthday, only they can take their money out. The only exception to this is if ...

HMRC may owe individuals of certain ages over £2,000 each. HM Revenue and Customs (HMRC) is encouraging parents to ...