Question to the HM Treasury:
To ask His Majesty's Government what steps they intend to take to ensure that young people do not lose track of their investments in Child Trust Funds.
HMRC has worked closely with Child Trust Fund (CTF) providers, the wider industry and the Money and Pensions Service to ensure that young people are aware of, and can access, their CTFs.
HMRC has:
Children with maturing CTFs also receive a significant amount of written information pertaining to their account directly from their account provider.
The government is committed to helping people access the savings and money they are entitled to and continues to explore new routes to reunite young people with their Child Trust Funds.