Child Trust Funds -  help disabled children access their money

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The UK Government introduced Child Trust Funds in 2005 with the aim of ensuring that every child has savings at the age of 18. However, there was no consideration made for the needs of disabled and vulnerable people, who may not have the mental capacity to be able to access and manage their funds at the age of 18. This could see thousands of disabled children across the UK disadvantaged.

If they do not have the mental capacity, then their families/carers will need to apply to the Court of Protection to act as the child’s deputy. This process can cost in excess of £365, a sum which may exceed the amount held in the Child Trust Fund in the first place.

It can also be a lengthy and time consuming process, putting unnecessary pressure and hurdles on families who already live with many challenges.

The #ChildTrustFundAccess campaign is a call for a change to the system to ensure more children will be able access their funds without incurring large fees.