Around half a billion pounds hidden in child trust funds could be unlocked immediately, experts have claimed, as the government is urged to do more to reunite young people with their money.
The funds are long-term, tax-free savings set up for every child born between 1 September 2002 and 2 January 2011. The government deposited £250 in each, with those in low-income families or in local authority care receiving an additional £250.
