Laura Suter: Child Trust Funds come of age

Bumper birthday present

clock • 3 min read

The first Child Trust Funds are coming of age in September and, in her latest column for PA, Laura Suter explores how the lucky 18-year-olds can find and access their saved up monies...

Anyone celebrating their 18th birthday this year could get a bumper birthday present thanks to the first tranche of child trust funds maturing. The first children to get the accounts were those born in September 2002, meaning they are entering adulthood from next month - hopefully with a nice windfall to help them on their way. Obviously how much they'll have in the accounts depends on three big factors: how much the government put in in the first place, whether their parents or family added to it, and what return the money got during that 18 years. The Government put in an initial £2...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax planning

IHT on pensions: Why acting now can benefit future generations

IHT on pensions: Why acting now can benefit future generations

'Clients should seek advice and look to act now'

Julia Peake
clock 29 April 2026 • 4 min read
Record year for IHT as receipts reach £8.5bn

Record year for IHT as receipts reach £8.5bn

Experts note rate of increase is slowing

Sophia Panayi
clock 23 April 2026 • 3 min read
Are you and relevant clients ready for Making Tax Digital?

Are you and relevant clients ready for Making Tax Digital?

Is this new regime actually simpler for clients?

Alex Ranahan
clock 15 April 2026 • 5 min read