Legal News

HMRC announces an average of £2,100 in Child Trust Fund savings remain unclaimed

Published on: 05 October 2022
Published by LNB News

LNB News 05/10/2022

Document Information

Issue Date: 05 October 2022

Published Date: 05 October 2022

Jurisdiction(s): England and Wales

Article summary

HMRC has reported that eligible teenagers, aged 18 or over, who have yet to access their Child Trust Fund account, could have savings waiting for them worth an average of £2,100. These long-term savings accounts were set up for every child born between 1 September 2002 and 2 January 2011.

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