Set up the future YOU want
You're in the right place to take over your child trust fund (CTF) and unlock your future.
Taking over means you're in charge, and we'll discuss your CTF with you, not your parent/guardian. But don't panic, we're here to help you understand your options.
Keep scrolling to see how your CTF could kick off your future plans.
Your CTF could lead to BIG things
Once you're 18 you can decide how to use your CTF.
By resisting the temptation to spend it now, you could keep it invested and use it to go travelling, learn a new skill or even start your own business in the future.
At 18 you'll see these options for your CTF in your online account:
Keep it invested for your future
Keep some invested for your future life goals, and take some out for now
Sell all your investments to withdraw it all
Keep your CTF invested, hassle-free
It’s super easy to move your CTF into one - or both - of our adult ISAs at 18.
This gives your money the potential to grow for your future, leaving you to focus on life right now.
Keep reading to find out how our two ISAs - Lifetime ISA and Stocks and Shares ISA - could help you create the future you want.
Get extra money towards your first home
Does up to £1,000 extra each year towards buying your first home sound good?
Moving your CTF into our Lifetime ISA could help you build your first-home deposit quicker, thanks to the generous 25% bonus on everything you put in.
This means for every £100 you put in, you'll get £25 on top!
Invest up to £4,000 each tax year. Lifetime ISA rules and withdrawal charge applies.
Make your future plans happen
You don't need to have it all figured out now.
Maybe you'll start a business or travel the world. Or you might just want to put some money away for the unknown.
Whatever and whenever you decide, moving your CTF into our Stocks and Shares ISA means it’ll be there when you need it.
Don’t miss out on new opportunities
Tempted to spend it all now? We get it.
It doesn't have to be all or nothing. If you want to spend some, consider also keeping some invested for your future.
Even reinvesting a small amount now could help you with your future goals.
The lowdown on investing
Our Lifetime ISA and Stocks and Shares ISA invest in stocks and shares.
This means there's good potential for your money to grow over the long-term, but there is a risk that the value could go down and you could get back less than you put in.
Let’s get started
If you’re aged 16 and over, you can register to take over your CTF.
Then, from 18 you can tell us what you want to do with it.
If you're not sure what you want to do once you're 18, there's no rush. You can still register, and your CTF will stay where it is until you decide.
Exciting times ahead!