Child Trust Fund Information

Dear Parent/Carer,

Please see the information and link below regarding Child Trust Fund’s that may be of interest to you.

Working in partnership with TISA and Shares4Schools, MoneySense is raising awareness of over 1 million unclaimed Child Trust Funds. We’d appreciate your help to inform young people and their parents that every child born between 1st September 2002 and 2nd January 2011 could be missing out on up to £1,000 that they may have lost track of.

What are Child Trust Funds?
A Child Trust Fund (CTF) was an amount of money issued by the government to every child born between 1st September 2002 and 2nd January 2011. It’s a tax-free savings pot to encourage young people to save and develop financial skills. The funds are only released to them when they turn 18 years old – although they can take control of the account when they’re 16, so the first children can now take controls of theirs.

Follow this link if you would like to know more: https://www.shares4schools.co.uk/USEFUL-RESOURCES/FIND-CTF/

181017 Poster-artwork-1m-CTFs-to-be-claimed

Kind Regards
Admin Team