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£1.5 Billion in Unclaimed Child Trust Funds Remain Hidden

4/7/2026

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Summary

Story summary

An estimated £1.5 billion in Child Trust Fund assets remains unclaimed as many are unaware.
The Child Trust Fund was established in 2005 by Tony Blair's Labour government, providing £250 per child plus funds for low-income families.
The Share Foundation proposes automatically releasing funds when account holders turn 21.
Labour MP Laura Kyrke-Smith criticized the system's complexity and urged better government transparency.

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Story summary

An estimated £1.5 billion in Child Trust Fund assets remains unclaimed as many are unaware.
The Child Trust Fund was established in 2005 by Tony Blair's Labour government, providing £250 per child plus funds for low-income families.
The Share Foundation proposes automatically releasing funds when account holders turn 21.
Labour MP Laura Kyrke-Smith criticized the system's complexity and urged better government transparency.