# Unclaimed UK Child Trust Fund savings

> Live situation record from CLSTR: https://clstr.news/situations/unclaimed-uk-child-trust-fund-savings
> Updated: 2026-09-04T05:08:41.000Z. Sources: 9. Developments: 2.

Approximately 760,000 matured Child Trust Fund accounts in the United Kingdom remain unclaimed, representing an estimated collective value of £1.52 billion. These tax-free savings accounts were established for children born between September 1, 2002, and January 2, 2011.

The Financial Conduct Authority (FCA) is conducting a review of the market involving 55 banks, insurance companies, and fund managers. This investigation focuses on how institutions contact lost customers and whether fees charged by tracing companies are reasonable. Some third-party firms have reportedly charged up to £400 to locate funds, which may consume 20% of an average £2,000 account.

Eligible young adults are advised that they can use official tracing services provided by HMRC for free to locate their savings without paying third-party fees.

## Timeline

### 2026-09-04: UK Child Trust Funds: £1.52 billion in savings remains unclaimed

Around 760,000 unclaimed Child Trust Funds in the UK are worth an estimated £1.52 billion, with average accounts valued at £2,000. HMRC offers a free service to trace these funds.

3 sources. https://clstr.news/cluster/uk-child-trust-funds-152-billion-in-savings-remains-unclaimed

### 2026-09-01: UK Child Trust Funds: £1.5bn in unclaimed savings

Around 760,000 unclaimed Child Trust Funds in the UK, worth an estimated £1.52 billion, have prompted an FCA review into how financial institutions locate owners and the fairness of tracing fees.

6 sources. https://clstr.news/cluster/financial-conduct-authority-reviews-15bn-in-unclaimed-child-trust-funds

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Cite as: Unclaimed UK Child Trust Fund savings. CLSTR, https://clstr.news/situations/unclaimed-uk-child-trust-fund-savings