HMRC Child Trust Fund providers face FCA review with 760,000 accounts yet to be claimed

Child Trust Funds are a type of tax free savings accounts, which were set up for every child born between September 2002 and January 2 2011.

Exclusive: FCA pressures firms to do more to sort 760,000 accounts as watchdog urges families to use free tracking service Child trust fund providers are being put under the spotlight to check they are treating savers fairly and doing all they can to reunite young people with lost accounts. The Financial Conduct Author

The Financial Conduct Authority (FCA) has issued a new call to action for young adults to try and track down their accounts as more than six million of Child Trust Funds were set up in nearly nine years