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Cash advance well trust fund matures

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To do so, they may have to provide some identification and proof of address at one of our branches. This means the value of the investment and any income from it can go down as well as up and may fall below the amount put in. Whichever option the beneficiary chooses, we require identification and proof of address for them. The current situation in relation to coronavirus may mean that your local branch is unable to provide support at this time.
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Matured Child Trust Funds

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Saving for your children

Millions of people turning 18 from now will be able to withdraw money from Child Trust Funds for the first time. Children born from September were given vouchers by the government to invest for the future, with the money only accessible at the age of However, many thousands of young people may have no idea these savings exist in their name. Child Trust Funds were set up by the Labour government to encourage parents to save for their children. The idea was for children to have some savings at the age of 18, to assist with costs such as further education funding or living alone for the first time. Parents, family and friends could also contribute to the account, up to set limits. The scheme was watered down, then scrapped entirely by the coalition government in January
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Child Trust Funds: Teenagers get first chance to access cash

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Find out how Universal Credit works and how to manage your payment. Entitlements to help with the cost of pregnancy or bringing up children. Understand what support is available for coping with ill health.
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