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The Guardian - UK
The Guardian - UK
Business
Jessica Murray Social affairs correspondent

Calls grow for UK government to automatically release child trust funds at 21

Woman paying bills on computer at home with documents and calculator.
Experts believe releasing funds at 21 would immediately put up to £286m straight into the pockets of young people who need it most. Photograph: Posed by model; skynesher/Getty Images

As Elle Middlemas approached her 18th birthday, she began wondering if she had a child trust fund, a government savings account given to all children born between 1 September 2002 and 2 January 2011, that can be accessed as soon as they officially hit adulthood.

She quickly hit a dead end. She wasn’t sure if she was even owed the money and could find no information online. An email to HMRC seeking clarity led her nowhere.

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