760,000 UK households urged to claim £2,000 from HMRC
As many as 760,000 UK households are being urged to grab as much as £2,000 each - and possibly more.
TL;DR
- 760,000 matured Child Trust Funds worth an average of £2,000 each are unclaimed.
- Young adults and parents are urged to check for these forgotten funds, especially as students return to college.
- The FCA warns against companies charging fees to find and claim these funds, stating the process is free.
- Tracing and accessing a Child Trust Fund can be done without paying any middlemen.
- Individuals between 15 and 24 can search 'find my Child Trust Fund' on GOV.UK to locate their savings.