Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 13 July 2026 to Question 16191 on Child Trust Fund, whether he has made an estimate of the proportion of unclaimed Child Trust Fund accounts registered to (a) currently and (b) previously looked after young people.

The Child Trust Fund (CTF) Taskforce has met twice. It brings together Government and industry to improve tracing outcomes and encourage more young people to access their matured CTFs. Providers have shared tracing approaches, and the Taskforce is considering how effective practices can be adopted more widely across the sector. Discussions have also focused on improving engagement with account holders, strengthening communications and developing measures to assess progress. This work is being supported by HMRC research into the barriers that prevent some young people from accessing their accounts.

We cannot estimate the proportion of unclaimed CTF accounts registered to (a) currently and (b) previously looked after young people because the information required to identify these accounts is not included in the statistical returns that HMRC receives from providers. Information on CTFs is available in HMRC’s Annual Savings Statistics published on Gov.uk:

www.gov.uk/government/statistics/annual-savings-statistics-2025