Martin Lewis has urged parents of kids between 12 and 20 to check for a 'hidden' Government savings account which they may 'know nothing about'.
The Child Trust Fund is a tax-free savings account - which was set up by the UK Government for every British child born between September 1, 2002 and January 2, 2011. They also provided an initial deposit of at least £250 to start every account with aims of encouraging a future generation of savers
And while many people aren't even aware of the lesser-known haven, they could have a tidy £2,000 tucked away without realising.