There are four sections about managing your child’s account. Below you’ll find a summary of the content, followed by a link to that section.
Introduction to managing an account
It is important to keep track of a Child Trust Fund (CTF) account. The registered contact is the only person who can give instructions to the CTF provider.
Introduction to managing an account
Changing accounts and providers
The registered contact, and the child when he or she has turned 16, can change the CTF account or provider at any time.
Changing accounts and providers
Accessing the money
The account stops being a CTF account on the child's 18th birthday. They then have full access to the money in the account and can use it or reinvest it as they think best.
Accessing the money
Financial education
Several organisations offer websites you might find helpful. They give more information about saving and investing and they cover wider money issues like budgeting and financial planning.
Financial education