We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Child trust fund missing voucher

Hi
First post, hoping someone can help.
My son received £500 child trust fund voucher when he was born (Jan 2003). I opened a trust fund account with The Brittannia.
We have not made any further payments into this account and the balance is now approximately £520.
A chance conversation with a friend who has a child of the same age revealed that her child received a second voucher of £250 when they turned 7. I've checked and my son was eligible for this second voucher but never received it.
I have tried in vain to resolve this but as these funds no longer exist I have been unable to.
Does anyone have any advice?
Thanks in advance

Comments

  • Reaper
    Reaper Posts: 7,357 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Hardly anybody got the 2nd payment because it was scrapped before most qualified.

    If you child turned 7 between 1 September 2009 and 31 July 2010 then you qualified. If not then you missed out.
  • greatkingrat
    greatkingrat Posts: 354 Forumite
    Eighth Anniversary 100 Posts Photogenic
    Unclaimed vouchers were invested in a default account set up by HMRC. So you might have a second CTF floating about somewhere with the 2nd payment in.

    There is a form on the HMRC website which may help you trace where the money has gone

    http://www.hmrc.gov.uk/tools/childtrustfundclaim/ctfaccount.htm
  • lib310
    lib310 Posts: 2 Newbie
    Thanks for replying, yes he was 7 in Jan 2010 so should be eligible.
  • surreysaver
    surreysaver Posts: 5,140 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Have you asked The Britannia? I believe it would have been their responsibility to obtain the second voucher if you were entitled to it.
    I consider myself to be a male feminist. Is that allowed?
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.6K Banking & Borrowing
  • 254.2K Reduce Debt & Boost Income
  • 455.1K Spending & Discounts
  • 246.6K Work, Benefits & Business
  • 603K Mortgages, Homes & Bills
  • 178.1K Life & Family
  • 260.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.