MoneySavingExpert News

Child Trust Funds

Help 80,000 vulnerable teens unlock much-needed Child Trust Fund cash, MPs urge Government

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.

20 March 2024

Government rejects Martin Lewis' call to do more to help 80,000 teens with special educational needs unlock Child Trust Fund cash

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.

25 July 2023

Families with disabled children set to be allowed to withdraw £2,500 from Child Trust Funds and junior ISAs without the need for court approval

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

26 April 2023

Aged 18 to 20? Check you're not missing out on £1,000s in a forgotten Child Trust Fund – here's how

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).

6 October 2022

Families of disabled children trying to access Child Trust Funds can save or reclaim £365+ after Government overhaul

Families with disabled children will no longer have to pay costly court fees of £365+ to access savings held in Child Trust Funds, the Government has announced

2 December 2020

Budget 2020: Junior ISA allowance to rise to £9,000 from April

The amount you can save in a junior ISA or Child Trust Fund will rise from £4,368/yr to £9,000/yr from April

11 March 2020

Autumn Statement 2015: ISA limits frozen

Today's Autumn Statement reveals the ISA, JISA and CTF thresholds will be frozen next year

25 November 2015

11 ways to beat new tax year changes: Act now and you can gain £1,000s

Massive changes are afoot both for the new tax year and many parts of the public sector change their prices then too

25 March 2015

ISAs become bigger tax-free NISAs today – so what's changed?

ISAs transform into NISAs today, meaning everyone can now save £15,000 tax-free in cash or shares savings

1 July 2014

Teens can save up to £19,000 tax-free thanks to ISA loophole

16 and 17-year-olds can save up to £19,000 tax-free this year under today's ISA revamp

1 July 2014