What happens when I turn 18?

From the day you turn 18, your Child Trust Fund will turn into a matured CTF account, meaning it will have the same benefits and charges as before, but it will be closed to any new investment. The matured CTF will remain the same as before until you tell us what you want to do with your investment.

We can’t accept new contributions into a matured account (even from you) so any direct debits will stop on, or before, your birthday but the annual charges on the account will remain the same as before (£25+VAT on a shares account or 0.7% of investments for a stakeholder account). We can help start direct debits up again if you transfer into a new account though.

You’ll receive a letter from us around the date of your 18th birthday asking you to make a decision about your investment. You’ll need to download and fill out the ‘CTF maturity election form’ (which can be found on our make an election page) and send it back to us whatever decision you take with your account. Please note you can only do this once you’ve turned 18, but you don’t have to make a decision right away.

You can find the list of options available to you from your 18th birthday by using the button below.

What should I do now?

Between now and your 18th birthday, you should have a think about what you want to do with the money invested when you turn 18. Your parents or guardians could play an important role in your decision-making process so it would be beneficial to discuss your options with them.

Whilst we can’t accept an instruction about the future of your investment until you are 18, there are a couple of things that you can do now.

Firstly, let us know how you’d prefer us to communicate with you. Up until now, we’ve mainly dealt with your parent or guardian but once you are 18, we’ll only communicate directly with you (unless you tell us otherwise). Complete and return the form below, which is designed for you to fill in so that we have your preferred contact details – it also allows you to provide details of anyone you’d like to help you with the account once you turn 18.

It’s important we have your correct contact details in order to update you with any actions you may need to take regardless of which option you decide to choose. We need to know where you live, especially if this is different to your parent’s address, as we’ll need you to provide proof of your address (there’s more information about that below).

If you’ve already turned 18 and know what you’d like to do with the money invested, visit our election page to find out what you need to do.

Another thing that you can do now is send us documents to prove your identity and where you live. This is an important step to make sure that we know who you are and that only you have access to the funds that have built up for you. You can’t take money out of, or add money into, your matured account until you’ve done this.

You may also want to send us proof of your bank details. This allows us to make future withdrawals directly into your bank account and/or set up future regular investments from that account.

You can send the documents into us when you are ready to make your decision about what to do with your account. However, it’s a good idea to send these documents now to help avoid delays in acting on your instruction.

What documents can I send in as verification?
What does certified mean?
Who can certify my documents?
What if I don’t know someone in one of those professions?
What happens if I don't provide verification?
How do I send the documents to you?

Helpful Articles

18 May 2022

Your Financial Future

Find out what Anna, Aka the Panda Boss wishes she told her younger self when it comes to investing.
Read time - 5 min
29 March 2021

The real cost of adulting

Find out what Anna, Aka the Panda Boss wishes she told her younger self when it comes to investing.
Read time - 5 min
19 March 2021

What happens to my Child Trust Fund around my 18th birthday?

Find out what Anna, Aka the Panda Boss wishes she told her younger self when it comes to investing.
Read time - 5 min

Got questions?

Give us a call on

0345 600 3030*

Lines open 8.30am to 5.30pm weekdays, calls may be recorded or monitored for training and quality purposes.


Email us at

[email protected]

I was completely happy with the entire process your colleague was very clear. I had no unanswered questions so thank you very much.

John, London

Information in this section of the Website is directed solely at persons who are located in the UK and can be categorised as retail clients. Nothing on this website is, or is intended to be, an offer, advice, or an invitation, to buy or sell any investments. Please read our full terms and conditions and the relevant Key Information Documents (“KID”) before proceeding further with any investment product referred to on this website. This website is not suitable for everyone, and if you are at all unsure whether an investment product referenced on this website will meet your individual needs, please seek advice before proceeding further with such product.

Confused? Our handy glossary can help explain investing terms.