Trust funds might sound like something only the super-rich deal with, but they’re actually a smart way for any parent to plan ...
Latonya Skye-Paterson had no idea a Child Trust Fund had been set up for her until her college tutor suggested she check ...
Account holders can take control of their funds at 16 and withdraw the money once they turn 18. New figures suggest ...
Latonya Skye-Paterson is one of thousands of young people who have a Child Trust Account that they didn’t know existed ...
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 ...
New figures suggest £1.4bn belonging to 728,000 people is sitting in Child Trust Funds, ready to be claimed. But many do not know the accounts exist, or that they are eligible to withdraw it.