If you opened an account but it has slipped off your radar, it may be time to check if you could do better elsewhere
More than £9bn is “languishing” in child trust fund accounts, and many people would be better off moving their cash elsewhere, it was claimed this week.
On Tuesday, HM Revenue and Customs published official data showing there were just over 6.1m CTF accounts in existence, and that the average sum in each was £1,500. These figures, the latest available, go up to April last year.
