Child Trust Funds

MoneySavingExpert.com (MSE) founder Martin Lewis has issued a warning to steer clear of using third-parties that charge you to trace lost Child Trust Funds – you can do it yourself for FREE. MSE has seen evidence of one claims firm targeting young people on social media and charging £100s for its services. Here's what you need to know and how to avoid getting caught out.

Tens of thousands of young people with special educational needs and disabilities remain locked out of their savings held in Child Trust Funds – and the Government must do more to help them, a cross-party group of MPs have said. It comes as MoneySavingExpert.com founder Martin Lewis once again raised the issue in an interview with Government minister Maria Caulfield MP on ITV's Good Morning Britain.

The Minister for Children, Families and Wellbeing, Claire Coutinho MP, has rejected Martin Lewis' call to do more to help 80,000 teens with special educational needs or disabilities unlock their Child Trust Fund money. The MoneySavingExpert.com founder wrote to the Minister about the problem but she's written back... and effectively said no.

Families with disabled children will be able to withdraw up to £2,500 from Child Trust Funds (CTFs) or junior ISAs (JISAs) without first needing court permission under new proposals to try to reduce the financial burden for parents and guardians with vulnerable kids.  

If you were born on or after 1 September 2002 and you're now over 18, there could be a stash of cash worth £100s or even £1,000s waiting for you in a dormant account, known as a Child Trust Fund (CTF) – here's how to check.

Families of disabled children trying to access savings held in Child Trust Funds can save or reclaim £365+ after a Government fees overhaul – but in both scenarios you need to act. Here's what you need to know. 

The amount you can save in a junior ISA or Child Trust Fund will rise from £4,368 a year to £9,000 a year from April, the Treasury announced today.

Savers hoping to be able to put more cash in an ISA from next April have had their hopes dashed as today's Autumn Statement reveals the annual threshold will remain the same.

ISAs transform into NISAs (New ISAs) today, meaning everyone can now put £15,000 into cash or shares savings without paying tax on it.