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UK households between two ages have been urged to collect a 'free' £2,000. T he Child Trust Fund scheme was introduced by the UK government to provide you with a pot of money when you reach 18 years of age and encourage you to develop a savings habit throughout adulthood.

If you were born between 1 September 2002 and 2 January 2011, and your parents received Child Benefit, you most likely have a Child Trust Fund account. You can find out more online at www.gov.uk/child-trust-funds.

Your parent or guardian may have received a voucher to use to open a CTF account for you. If your parent or guardian didn’t open an account, HMRC may have opened one on your behalf . If you’re turning 18 from 1 September 2020, you can access and withdraw the money in your CTF account.

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