Child Trust Fund

(asked on 23rd November 2020) - View Source

Question to the Ministry of Justice:

To ask Her Majesty's Government which Department has the overall responsibility for policy to ensure that young people without capacity can access child trust funds after reaching 18 years of age.


Answered by
Baroness Scott of Bybrook Portrait
Baroness Scott of Bybrook
Parliamentary Under Secretary of State (Department for Levelling Up, Housing and Communities)
This question was answered on 2nd December 2020

Her Majesty’s Treasury is responsible for the policy for Child Trust Funds, including the fact that they can be accessed when a child reaches 18 years of age. However, the Mental Capacity Act 2005, which governs the processes around how to obtain the legal authority to manage the finances of people who lack the mental capacity do so for themselves, is the responsibility of the Ministry of Justice.

Consequently, policy surrounding access to Child Trust Funds of young people that lack mental capacity is ultimately the remit of the Ministry of Justice.

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