If you have children or grandchildren in the United Kingdom aged between 7 and 15, do you – or they – know where their Child Trust Fund is? They definitely have one, but one in six is lost. The sad fact is that the more disadvantaged the family, the higher the rate of accounts gone missing.
Gordon Brown’s time as Chancellor may have ended in the financial crash but, notwithstanding its universal roots, his Child Trust Fund (CTF) is giving an opportunity to target real help where it’s needed – and, in doing so, to sort out the muddle of one million lost accounts.
Originally published 8/5/2018