Thousands of young people urged to claim forgotten savings worth £2,200 on average
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Thousands of young people urged to claim forgotten savings worth £2,200 on average

6 May 2026 · Originally published 6 May 2026 8/10 Original headline: HMRC sends urgent alert to anyone who recently turned 18
HMRC is helping hundreds of thousands of young adults track down unclaimed Child Trust Funds that were set up for them as children. With over £400 million currently sitting in forgotten accounts, the government is writing to 21-year-olds to ensure they can access their savings, which average around £2,200 per person.
Source: Liverpool Echo National
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