child trust fund

picture of a piggy bank with child trust fund written on the side

Plan to help families access Child Trust Funds

Proposed new scheme to help families access funds belonging to loved ones who lack mental capacity without need to go to court.

From: Ministry of Justice and The Rt Hon Dominic Raab MP

  • vital safeguards to be maintained to keep vulnerable individuals safe
  • consultation to gather evidence before decisions are made

Families seeking access to small funds...

picture of teenagers with a piggy bank

Thousands of teenagers missing out on Child Trust Fund cash

Teenagers are being urged by HMRC to check if they have a pot of money waiting for them in a Child Trust Fund.

From: HM Revenue & Customs , HM Treasury , and John Glen MP

Published 7 September 2021

HM Revenue and Customs (HMRC) is today urging young people to check if they have a hidden pot of gold – in the shape of a Child Trust Fund (CTF).

It is now...

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