What is a Child Trust Fund?
A Child Trust Fund (CTF) is a long-term savings account for children. New accounts cannot be opened, however you can transfer your child’s CTF to a Forester Life Child Trust Fund, and you can continue to contribute to your child’s CTFs that are held with Foresters Financial. Saving from as little as £10 up to £4,368 a year (birthday to birthday) can make the CTF an ideal way to save for your child’s future.
We look after the savings needs for over a million children in the UK and we are fully committed to helping you give your child a head start.
They may not know what they want to be in the future but a lump sum at 18 could open up more opportunities, from helping with university costs to paying for their first car.
The value of your investment can fall as well as rise, and as with all stock market investments you may get back less than paid in. Inflation could reduce what you can buy in the future.
Top up or gift to a Child Trust Fund
Anyone can contribute to a child's CTF, be it friends, family or the Registered Contact of the account, as long as the overall contributions do not exceed £4,368 a year (birthday to birthday). Topping up and gifting is easy to do online, over the phone, by post or through one of our Financial Advisers. Visit our Top up and gift centre and start saving for a child's future.
Top up or gift to a child's Plan
View your Child Trust Fund online
If you hold a CTF with us you can view your Plan online by activating your online My Plans account
You can activate your online account by clicking below. You need the Plan number, postcode and Date of Birth for both the Registered Contact and the Planholder (the Planholder is the child).
Activate my account
Transfer your Child Trust Fund to us
If you would like to transfer your Child Trust Fund to Forester Life please complete and return the transfer form. Please ensure you have read the Key Information Document, Brochure and Terms and Conditions for the Forester Life Child Trust Fund (found in the section below).
Amend your account details
The Registered Contact is the person responsible for giving instructions about the management of the child’s Plan. This will be a parent, or another person with legal parental responsibility for the child, who must be aged 16 or over. To become the Registered Contact for a CTF that is with us, simply download and follow the instructions on the Registered Contact form. Please note that if there is already a Registered Contact in place their permission will be required for a change to the Registered Contact.