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money bag icon black The best of both

Want to withdraw some money and save the rest? Good choice! Here’s what you need to know...

How to get the best of both with your Child Trust Fund money

It’s easy for you to reinvest (continue saving) money from your Child Trust Fund and make a withdrawal at the same time. Let's learn more about ISAs first.

yellow piggy bank icon
Choose how much you want to move to an ISA


yellow money notes icon
Choose how much you want to take now

yellow piggy bank icon
Choose how much you want to move to an ISA


yellow money notes icon
Choose how much you want to take now

What is an ISA?


Why choose our ISA

Why choose our ISA

ISA - Individual Savings Account
The adult version of Child Trust Funds

Our ISA is simple, our experts make investment decisions for you, so all you have to do is move the money from your CTF, then make contributions when you can. 

  • Add money from £20 whenever you can
  • Your money isn’t locked in, save for as long as you need
  • Give your money the best chance to grow - carry on investing in stocks and shares
  • Take money when you want to, but don’t be tempted to use it like a bank account
  • Choose how your money invests. We’ve got an ISA with a choice of funds or a Shariah ISA
  • Like most stocks and shares ISAs there's a fee - we've got just one yearly management charge of 1.5%
  • You won’t pay tax on your savings
  • Get the keys to your first home quicker, with a 25% bonus by adding a Lifetime ISA

Choose your ISA...

We have two ISAs for you to choose from - An ISA (that has a choice of funds) or a Shariah ISA.

ISA hand coin icon ISA

An ISA that invests in people and the planet 

Invest in a choice of two funds, learn more about these funds ➙

Read our ISA important info

shariah moon star icon teal Shariah ISA

An ISA specific for Islamic beliefs

Invests in our Shariah compliant fund, learn more about this fund ➙

Read our Shariah ISA important info

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.

Foresters Financial member benefits are non-contractual, subject to benefit specific eligibility requirements, definitions and limitations and may be changed or cancelled without notice.

MyPlans Next Steps for Child Trust Fund customers MyPlans Next Steps for Child Trust Fund customers

How to take your next steps

plum circle step 1 Set up your MyPlans account

You can do this 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 1 Go to 'Next steps'

After you turn 18, click the ‘Next steps’ button when you login to MyPlans under your Plan value/Child Trust Fund amount. 

plum circle step 3 Enter how much you want to reinvest & withdraw

You have two boxes to fill in, the 'reinvest' box for how much you want to move to your ISA and the 'withdraw' box for how much you want to take now. Adding a number to one box will automatically calculate the other (no need for unnecessary maths)

plum circle step 4 Add your bank details

To make a withdrawal you will need a bank account in your name, for us to send you the money.

plum 5 icon Now select your ISA

You have the choice between our ISA and our Shariah ISA.

Then all you need to do is confirm everything is correct. You will be able to see your ISA on MyPlans (please wait at least 24 hours), where you can add money or a Lifetime ISA. 

Light bulb iconPsst... If you choose to move money into an ISA you'll still have access to your Member Benefits from age 18. Yay! Learn more

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.

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


You asked, we answered...

There is generally a charge for managing an ISA. It’s usually for the cost of looking after your investments.

We make this as simple as we can for you, with just an annual management charge of 1.5% of the ISA value. There are no other fees and no cost to withdraw, exit or make a change. The same charge applies if you choose to open a Lifetime ISA.

You can access your member benefits by creating your MyForesters account once you've turned 18 (this is different to your MyPlans account).

Here you'll find everything you need to know about your benefits including how to apply for Scholarships and the discounts we have on offer.

It's quick and easy to transfer your Child Trust Fund to an ISA. Login to your MyPlans account, click 'Next Steps' and enter the amount you want to keep in an ISA in the 'reinvest' box.

You'll need to wait at least 24 hours to see your ISA in your MyPlans account.

Your member benefits are part of the package when you save with us. We're a mutual, which means we're all about you. No shareholders, just awesome benefits for our Planholders (that's you!) at no extra charge. 

When you keep saving you can create your MyForesters account and take a look at what’s on offer.

Foresters Financial member benefits are non-contractual, subject to benefit specific eligibility requirements, definitions and limitations and may be changed or cancelled without notice.

Yes, when choosing to take some or all of the money, you can move this to your bank account, whether this is a UK or foreign bank. However, the money can only be transferred to a bank account in your name.

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.


When you are making a withdrawal, you may be asked to complete an identity check using our third party partner. You will need your driving licence or passport, and will be asked to take a selfie. The link for this will also be sent to your email.