Your Child Trust Fund (CTF)

Your Child Trust Fund can help you out financially when you turn 18 years old, regardless of what the future holds. Your financial decisions—whether to spend, save, or invest—are ultimately up to you.


What is a Child Trust Fund?

The government introduced the Child Trust Fund (CTF) in 2002 and allowed people to contribute to them tax-free until 2011. The government provided a £250 voucher to each child born during this time period, and the family could contribute an additional £9,000 annually.

When you turn 18, the money you’ve been saving in a CTF becomes yours to do with as you please, and OneFamily is here to help you choose the best option based on your needs and priorities.

Climate-friendly investments that make a difference

We are aware of the gravity of climate change and the power that our immediate actions hold to improve the world in which future generations will thrive.

When you turn 18, you can choose from a variety of Child Trust Fund products, all of which feature environmentally responsible investment options.

When deciding whether or not to invest in a company, we take into account five criteria, one of which is the company’s green revenues and carbon intensity. Learn more about the environmentally responsible investments we’ve made.

Common Child Trust Fund questions for parents and teens

What is a Child Trust Fund?

CTFs, or Child Trust Funds, are long-term savings plans that minimise tax implications for families with children. They were implemented by the government with the intention of rewarding young adults with a lump sum when they reach the age of majority.

When did Child Trust Funds start?

Every child born between September 1, 2002 and January 2, 2011 was given a voucher to put into a CTF account by the government. The government will open a CTF account for you if you don’t.

How much is my Child Trust Fund Worth?

If you sign up for OAM, you’ll have 24/7 access to your account balance. Additionally, you can expect a bill from us before your child turns 16 and again when they turn 18. Every year, you will receive a statement detailing the balance of your account and detailing any contributions made during the previous statement year.

How long does a Child Trust Fund take to transfer?

Converting to our Junior ISA or Child Trust Fund is simple. Transfers from Child Trust Funds or Junior ISAs can be made in either cash or stocks and shares. All Junior ISA transfers must have a minimum balance of £500.

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