Thousands of teenagers in the South West are set to benefit for the first time from money in Child Trust Funds (CTFs) that has been waiting for them since they were young children.
Since 2002, around 6.3 million CTF accounts have been set up, roughly 4.5 million by parents or guardians and a further 1.8 million set up by HMRC where parents or guardians did not open an account. In the...