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A student from Leeds was stunned to discover more than £2,000 sitting unclaimed in a Child Trust Fund - and is now urging other young people to find out if they’re owed money.

The HMRC stated: "Thousands of Child Trust Fund accounts are sitting unclaimed. We want to reunite young people with their money and we're making the process as simple as possible." Launched in ...

For the past 10 years it's been possible to switch a Child Trust Fund (CTF) to a Junior Isa (Jisa). So why have millions of parents and young savers not moved their cash over? CTFs were scrapped in ...

Don’t worry if you can’t find your unique reference number or don’t have a National Insurance number, you should still be able to submit a request through Gov.uk, while some Child Trust Fund ...

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.

Understanding Trust Funds A trust is a legal entity that you can establish to hold and manage assets after your death for the benefit of another person or persons, such as your children.

THOUSANDS of young people are thought to be missing out on an average of £2,200 which is being held in forgotten bank accounts. Child Trust Funds are long-term, tax-free savings accounts which… ...