A network of voluntary ambassadors for the Child Trust Fund
 
 

Become -

A Child Trust Fund Ambassador

If you are supporting young people who were born from 1st September 2002 and up to and including 2nd January 2011, then you could help with the Child Trust Fund recovery campaign. Young people born in the UK during these years may have been eligible for a Child Trust Fund.

These accounts are individually held for over six million children and young people, and were established by government as a tool for financial education. As a registered charity, our aim is to help ensure that all young people are made aware of their account so that they can claim it.    

 
 
 
 
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Our Purpose

To help young people become aware of their Child Trust Fund and how it can be used to develop a much better understanding of how to manage their money. During the next decade six million young people throughout every part of the United Kingdom will approach adulthood (ie be aged 16 or 17) with these accounts, during which time they are permitted to take control of the account (although not access the money until they are 18). Find out more about the Child Trust Fund here:

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Our Impact

There have been many initiatives over the years to improve financial capability, but we feel the Child Trust Fund, which has been issued to over six million children across the United Kingdom all born between 1st September 2002 and 2nd January 2011, provides a huge opportunity for change: largely because there’s no substitute for the real thing when it comes to learning about money.

Our impact will therefore be your achievement in making the account come alive for anyone who you can help, who was born in the UK from 1 September 2002 and is aged 16 or over.

The Child Trust Fund is real money - an individual account, not a share in a pooled fund. Its purpose, as stated in a letter from HMRC to parents in 2010, is ‘The Government wants the Child Trust Fund to help children get into the habit of saving, and to help them understand personal finance’. They go on to anticipate action in schools: ‘Your child receives financial education at school, and teachers may refer to the Child Trust Fund as a useful real life example of how to save and manage money.’

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Get Involved

The Share Foundation’s objectives include advancing the education of children and young people in handling their financial situation so as to encourage self-sufficiency as they grow into adulthood. Our main operations are for young people in care, for whom we run the Department for Education’s Junior ISA and Child Trust Fund schemes. You can read more about this work on our main website, www.sharefound.org.

Help us to raise awareness of the Child Trust Fund across the United Kingdom.

 

Make a Donation

Support our work for young people in care by making a donation to fund our incentivised learning programme.

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