Overview
- The tax authority says about 750,000 Child Trust Fund accounts remain unclaimed with an estimated £1.6 billion uncollected.
- The letters identify which financial firm holds each person’s account so recipients know who to contact to get their money.
- People do not need to wait for a letter and can use the free Find a Child Trust Fund tool on GOV.UK, which asks for a National Insurance number, date of birth and a Government Gateway ID.
- HMRC and MoneySavingExpert warn against scam emails, texts or calls and say official contact is by post and will not disclose balances.
- Third‑party tracing firms often charge high fees that are not needed, and anyone born between 1 September 2002 and 2 January 2011 can check their status now.