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UK Taskforce Targets 750k Unclaimed Child Trust Funds

6/30/2026

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Summary

Story summary

The UK government has created a taskforce to unite providers and help young adults claim their matured child trust fund accounts after Economic Secretary to the Treasury Rachel Blake said too many miss out.
Over 750,000 unclaimed accounts hold an average of £2,200 each.
HM Revenue and Customs will write to 21-year-olds with unclaimed accounts as part of the awareness drive.

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Story summary

The UK government has created a taskforce to unite providers and help young adults claim their matured child trust fund accounts after Economic Secretary to the Treasury Rachel Blake said too many miss out.
Over 750,000 unclaimed accounts hold an average of £2,200 each.
HM Revenue and Customs will write to 21-year-olds with unclaimed accounts as part of the awareness drive.