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You Maturity Next Steps

You Maturity Next Steps


Your money, your future, your choice!

Take your next steps with the money from your Child Trust Fund...

If you were born between 1st September 2002 and 2nd January 2011, you should have a Child Trust Fund (CTF).

The Government created these in 2005 to help parents save for their children. An initial money voucher was added by the Government, then family and friends could add more until you turn 18 (some lucky CTFs even got a 2nd Gov voucher at age 7, but not everyone). 

If your money is with us, you have a 'Stocks and Shares Child Trust Fund' which invests in the stock market.

At 18, the money becomes yours and you can choose to leave it where it is, or choose one of the following options...

What are your choices?

At age 18, you'll have three options...

plum circle present icon Gift your future self

Ready to save for your future dreams?
Move your Child Trust Fund money to an ISA or a Shariah ISA with us. Start saving for your goals, like travelling the world, starting a business, or buying a home. Your future self will thank you.

yellow circle money bag icon The best of both

Want to treat yourself & invest in your future?
You can! This option lets you save for your future in an ISA or a Shariah ISA, and take some of your money now. It will feel great knowing you’ve got a head start on saving for your future goals.

blue circle egg timer - live in the moment Live in the moment

Not thinking about saving for the future? 
You can take your money and spend it on what you want to, like university or learning to drive. This will close your Child Trust Fund with us and you will no longer have access to member benefits.  

Light bulb iconPsst... Did you know an ISA is like the adult version of a Child Trust Fund? An ISA (Individual Savings Account) lets you easily save for your future. Learn more

What should i do next MyPlans Next Steps for Child Trust Fund customers

plum circle step 1 Set up your MyPlans account

Manage your savings online with MyPlans, and create your account from age 15. All you need is your Plan number (sent to you in a letter from us) or National Insurance number and an email address.

plum circle step 2 Look at your options

Find the best option for you and your money from the three options above. Still unsure? You can chat with one of our advisers about your options.

plum circle step 3 Take your next steps

Once you turn 18, you can choose what to do with your money. Move it to an ISA, withdraw it or a bit of both.

You Maturity Next Steps

You Maturity Next Steps

Already 18 & ready to make your choice?

Create your online account and click the 'Next steps' button within MyPlans.

Not ready yet?
No stress! Your money will stay where it is. But you can still create your MyPlans account so it’s ready when you are.

Benefits you get with us

Why? Because that's what we do, at Foresters our profit is used to benefit our members (you) and to better the community.*
Start using your benefits as soon as you turn 18!

member deals icon  Discounts on hundreds of retailers

Health heart Collect rewards for the things you do everyday with our wellness app

Care packs icon Help out in your community and get involved in rewarding events

scholarship cap icon Invest in yourself with the chance to win a Scholarship

lifelong learning icon Find a new passion with exclusive online courses

Access your benefits at age 18

Member benefits are not regulated by the Prudential Regulation Authority or the Financial Conduct Authority and may change in the future.

Make smart money moves & invest in yourself!

Investing gives your money a chance to grow, see how with an ISA or a Shariah ISA.

Light bulb iconMust know: As with all investing the value of your Plan can fall as well as rise, and you may get back less than you have paid in. It’s recommended to invest for at least 5 years.

Want to chat to someone?

Want to chat to someone?

Talking to those you trust can help you make better choices about your money. Almost 90% of Child Trust Fund holders said it helped influence their choice. So, start the conversation to shape your financial future! 

Two people tealSupport from your loved ones
Weighing up the pros and cons with someone you trust, like a parent, grandparent, or an older sibling, can help clear things in your mind. So why not take a seat on the sofa and get talking about your financial future?

FA laptop iconSupport from the money experts
With us, you can book video chats or home visits with an adviser who can answer any questions you have about your next steps, ISAs or chat about your finances - oh and you don't have to make your choice there and then.

Request a chat

Child Trust Fund Maturity FAQs

You asked, we answered...

Child Trust Funds are savings accounts for children. The Government introduce these to help parents save for their child’s future. After your 18th birthday your Child Trust Fund turns into a Matured Child Trust Fund. At Foresters we call this a Matured CTF ISA (it’s all the same thing).

If you were born between 1st September 2002 and 2nd January 2011, then yes it is likely you have a Child Trust Fund.

Find my CTF

You usually get sent your National Insurance number in the post from HMRC just before your 16th birthday. You can also find this on any pay slips, P60 or tax letters.

If you don’t have any of these, you can use the NI number finder

Saving in an Individual Savings Account (ISA) lets you save towards your future without having to pay tax. ISAs come in different forms, at Foresters we have a Stocks and Shares ISA where you invest your money, this gives it a better chance to grown the longer you save. 

Oh, and we have a Stocks and Shares Lifetime ISA so you can save towards your first home and the Government will add some money to help (every pound is a step closer to moving out!). 

So, if you want to save for your future, moving your Child Trust Fund money into an ISA could be a great start to being a money pro - carry on saving.

You don't have to move every penny from your Child Trust Fund to an ISA. You can take a bit to help you in the here and now, and leave the rest investing in an ISA for your future – the best of both worlds.

Your Foresters CTF is invested in stocks and shares. This means the value of your CTF will go up and down depending on the market. This means there will be times when your money is less than you last saw, but there will also be days where it’s higher too!

Everyone who has a Child Trust Fund will have a different amount. There are generally three reasons for this:

  • You may have started with different amounts. The voucher amount from the government changed over the years and would have been affected by how much money your family had
  • If your family and friends added more money 
  • Any investment growth, as your CTF is invested in stocks and shares this means the value of your Plan can fall as well as rise. 

Login to MyPlans to see how much you have


An ISA, short for Individual Savings Account, lets you save for your future (up to £20k every tax year) without having to pay tax on additional money you gain. Watch our video below for the key facts. 

Yes! If you have a Shariah CTF, you can carry on investing in your future without having to compromise what you believe in. This is an ISA specifically for Islamic beliefs. A Shariah ISA has the same rules as a normal ISA, but the way your money is invested is checked by a Shariah advisory board to make sure investment decisions follow Islamic guidelines.

See our Shariah ISA

No, you have three options of what you can do with your money, move it into an ISA, withdraw it, or a bit of both. 

Moving the money to your bank account isn’t the only way to save. If you move the money into an ISA means you continue to invest. When you invest, the longer you save, the better chance you have of growth compared to saving in cash. If you have a certain goal in mind like buying a house, or starting your own business, investing might be right for you. Find out more



Create your MyPlans account to take your next steps > 

When you login click the ‘Next Steps’ button. Then you’ll be able to tell us how much money you want to withdraw and if you want to continue to save any. 

We make it easy for you to continue to save. You can move just £20 into an ISA to save for the future. Find out more


It will take 3-5 working days, after we complete our necessary security checks, for the money to reach your account. It doesn't matter how much money you want to take out, we need to make sure we pay only you as the Planholder.

Your MyPlans account will show the progress of your withdrawal and ask you to update any documents (if needed) to verify your identity.


No, the money in the account belongs to the Child Trust Fund holder (Planholder). At age 18 the Planholder will become responsible for managing the Child Trust Fund, and making their choice. If the Planholder decides to withdraw the money, this should be the Planholder's choice, and the money can only be sent to an account in their name.

Any contributions made to the CTF by family and friends are a gift and cannot be reclaimed.

If you are the parent you can find out more about what happens next for you >

The money from your Child Trust Fund can be moved into a Stocks and Shares ISA with Foresters. However, you cannot contribute to your ISA unless you become a UK resident. You are also only able to add the Lifetime ISA to your ISA in the future if you become a UK resident.

If you are a non-UK resident when you withdraw from your Plan, you should be aware that the amount you receive may be subject to taxation by the tax authority of the territory in which you live.


Some young people may only need support to deal or manage their finances. If your child does not have the capacity to manage their Child Trust Fund at age 18, you will need to make an application to the Court of Protection to obtain authority to access this money on their behalf.

If your child requires support to deal with their Child Trust Fund, you may be able to make a Lasting Power of Attorney, which will give you the authority to access the account for them. Acting as an appointee for benefits will not give you legal access to the matured Child Trust Fund. 

You can find more information about how to manage the finances on behalf of someone who lacks mental capacity, including applying to the Court of Protection or supporting someone to make an LPA here.

Please contact Customer Services Maturity team who will be able to advise you on the process and next steps 0333 600 0333

Description of member benefits that you may receive assumes you are a Foresters member. Members must be 18 years of age or older and must have an active Foresters Plan and maintain it in good standing. Foresters member benefits are non-contractual, subject to benefit specific eligibility requirements, definitions and limitations and may be changed or cancelled without notice. Member benefits are not regulated by the Prudential Regulation Authority or the Financial Conduct Authority and may change in the future.

Haven't decided yet or under 18?

Create your MyPlans account until you're ready to take your next steps.

Create your account ➙

Over 18 and ready to make your choice?

Login to your MyPlans account and select ‘Next steps’ to get started.

Login to MyPlans ➙

I'm the parent, how can I help my child?

Help them make the best choice with the money you have saved for them over the years.

Help them take their next steps ➙