For the attention of Pilling & Co Child Trust Fund holders as they become 18 years old
How can a disabled CTF holder receive payment?
Currently there is no specific guidance on this issue by the government. We currently can only accept instruction from the CTF holder after they reach 18, but in certain cases the holder will not have the capacity to give this. We have asked for this important issue to be looked at urgently with the hope that a sensible, non-costly solution can be introduced at the earliest opportunity to enable CTF holders without the capacity to instruct us themselves to be able to access their money, whilst ensuring vulnerable people are not financially exploited.
We will update on this issue as soon as there are developments.