Child Trust Funds: Are investment fees eating your savings?
An estimated 120,000 CTFs have gone unclaimed since September The savings accounts began to become available as the first holders turned 18 The body representing 46 mutual providers said there were problems with ID One investment platform said two-thirds of its trust funds had gone unclaimed Some young investors will be charged fees of as high as 1.5% in the meantime
Source: dailymail.co.uk