What's next for your CTF?

It’s been great supporting you in your savings journey over the years, so why don’t we keep the relationship going?

As investment companies go, we like to think we’re different (and better) – here’s why:

Care about climate change?
Yeah, we do too. With our ISAs, any money we invest in shares will only go towards companies who work towards stopping climate change

We like to make a difference locally too
We've given over £4m to good causes in the UK since 2015 and created meaningful, long-term partnerships with charities who are making a positive impact locally.

Climate friendly investments

Investing made simple

We’ve spoken to our members about what’s important to them and what kind of savings products they want when they turn 18.

We’ve made it easy for you to save for your future with 2 simple products – a Lifetime ISA and a Stocks & Shares ISA. Each of these come with 2 different climate-friendly investment options to choose from. And we’ll explain them to you jargon-free so you really understand what you’re investing in.

What's next for your CTF?

When it comes to your CTF, you can choose to transfer some, or all, of the money in your CTF into one of our tax efficient, climate-friendly investments, making this the right choice for your pocket and our planet.

To help get you started, we've pulled together a quick guide to help you access your Child Trust Fund, which will talk you through the steps you need to take to get access to your money.

Stocks and Shares ISA vs. Lifetime ISA

Not sure which is most suitable for you? Our video demystifies your options.

Video transcript 

Stocks & Shares ISA vs Lifetime ISA

They say money doesn’t grow on trees, and they’re right. But it does grow elsewhere, like in your Child Trust Fund, which has finally reached maturity.

So, what now? Well you may want to spend some of it, but you could keep your money growing if you wanted, but how you do it and by how much depends on where you put it.

Meet the OneFamily ISA and LISA

ISA is short for Individual Savings Account, whereas LISA stands for Lifetime Individual Savings Account.

In simple terms, both are ways of saving money without paying tax on the income earned, which is very good. So, what are the differences between the OneFamily ISA and LISA?

Similarities first

You can start opening both when you’re 18. They both invest in stocks and shares, and both have a fund which takes more risk for higher potential growth and a lower risk fund for lower potential growth.

They also both have conditions dictating how you invest and withdraw your money.

Now, the differences

With ISA you can transfer in any amount of money from your Child Trust Fund and then invest up to the annual ISA subscription limit of £20,000.

LISA, on the other hand, only allows you to invest up to the current tax year payment limit of £4,000. And you can only take out LISAs until you’re 39.

Before you rush into ISA instead of LISA, LISA gets a 25% government top-up, calculated on the amount you pay in. Although to keep that top-up withdrawals from the LISA must go towards the purchase of your first UK home, or your retirement at the age of 60. Which we know seems a long way off right now, but it’s still worth considering.

Withdrawals for any other reason will be subject to a government charge of up to 25%.

With ISA on the other hand, you can access your money when you need it whatever that’s for, although our Stocks and Shares ISA is considered a medium to long-term investment too, with a better chance of performing well the longer you leave it.

Finally, the admin

Which is the same for both and it’s is very easy, because applying for and managing ISA and LISA can all be done online. You can start a OneFamily ISA or LISA by transferring your Child Trust Fund, with the option to contribute more if and when you like.

Although it’s worth remembering that investment could go down as well as up, so you could get back less than you put in.

So that’s the ISA and LISA in a nutshell. Good to know for your money to grow.

Stocks & Shares ISA

Saving for something other than a first home? Or just not sure what (or when) your goal is?

  • Climate friendly investment with a simple choice of two funds
  • Save for whatever you like and withdraw when you need it
  • Continue to add to your savings from as little as £25 per month

Lifetime ISA

Are you thinking of buying your first home? Our Lifetime ISA could help you get there quicker.

  • Climate friendly investment with a simple choice of two funds
  • Specially designed to help you save towards your first home or for later life (aged 60+)
  • Get a 25% bonus from the government on everything you invest – that’s an extra £2.50 for every £10 you pay in

It's worth remembering that the value of stocks and shares can fall as well as rise. This is normal for this type of investment, but you could get back less than has been paid in.

What’s next?

You can choose what you want to do with your money when you turn 18 – and we’ll send you information on how to do this nearer the time.


I’m already registered but I’m not 18

From your 18th birthday you can choose what you want to do with your money.


I’m registered and I am 18 or older

When you’re ready you can login and tell us what you want to do with your money.


I haven’t registered to take over my Child Trust Fund

You need to register to take control of your Child Trust Fund before you can tell us what you want to do with it.