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 was ...
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 ...
A senior MP has backed calls to start automatically paying out hundreds of millions of pounds to young adults if they haven’t claimed government-backed child trusts funds by the time they turn 21.