Child Trust Fund
Child Trust Fund (CTF) – Stakeholder Account
Please note that the CTF product is only relevant if you have an existing CTF which you are considering transferring or if Her Majesty's Revenue & Customs (HMRC) are opening the account for an eligible child. If your child is not eligible for the CTF please consider the Junior ISA as an alternative.
Important Change to our CTF Terms & Conditions – The CTF Regulations have changed and “lifestyling” (automatically switching the account gradually to lower risk investments from age 15 (previously age 13) is no longer a requirement for Stakeholder CTF accounts. The Sheffield Mutual CTF will no longer provide a lifestyling facility, but registered contacts can consider a voluntary transfer to our lower risk Investment Junior ISA. Please call 01226 741000 or email us at firstname.lastname@example.org to find out more.
Any child born in the UK between 1st September 2002 and 2nd January 2011 should have been issued with a voucher from the Government. Vouchers were worth £250 or £50, depending on when the child became entitled.
The voucher enabled the parent/guardian of the child to choose a provider for their child’s CTF. If the voucher was not used before the expiry date then the Government allocated these accounts to various product providers, to ensure the children didn’t miss out on their policy.
If your voucher has expired and you’re unsure as to where your child’s policy is held please click on the magnifying glass below to access the HMRC website for guidance.
You can no longer open a new CTF as all the Government vouchers have now expired however, you still have the option to transfer the CTF to a different provider.
For further information please see visit the 'Frequently Asked Questions' page, read our CTF booklet or feel free to contact our office and one of our trained staff will be happy to answer any further questions you may have.
If you hold a CTF with another provider then you may transfer it to us if you wish, simply complete and return the CTF transfer pack (below).
Child Trust fund Unit Price (pence)
Do you need further information regarding Child Trust Funds? Visit our FAQ's page.
For a history of CTF values, please visit our archive.