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<p>Although primary responsibility for communicating with account holders and their
parents lies with Child Trust Fund (CTF) providers, the government is committed to
helping people access the savings they are entitled to and continues to explore new
routes to reunite young people with their mature CTFs.</p><p> </p><p>HMRC actively
engages with the industry, other government departments, organisations such as the
Money and Pensions Service, and youth focused charities to ensure that young people
are aware of, and can access, their CTFs. HMRC also issues a range of communications
and provides resources for key intermediaries such as the University and Colleges
Admissions Service, who have greater influence and visibility amongst the CTF audience.</p><p>
</p><p>The government’s current plans will reunite most accounts with their owners,
but there may be some cases where further action will be required. The government
will monitor how many matured accounts remain open and judge when it is appropriate
to intervene in other ways.</p><p> </p><p>If a child lacks the mental capacity to
manage their account when they turn 18, a person with responsibility must apply to
the Court of Protection (or equivalents in Scotland and Northern Ireland) for a financial
deputyship order. While responsibility for the process and legislation relating to
mental capacity rests with the Ministry of Justice and devolved administrations, the
CTF guidance on gov.uk provides specific references to mental capacity and links to
the relevant bodies in England and Wales, Scotland, and Northern Ireland.</p>
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