Source · Select Committees · Public Accounts Committee
Recommendation 25
25
Share Foundation provides essential financial training to care leavers for Child Trust Funds
Conclusion
The engagement of the Share Foundation to manage Child Trust Funds on behalf of children in care has given a focus to those accounts. The Share Foundation told us about the disciplined handover process it has introduced to ensure that when young people whose accounts it manages approach the age of 18, they are made aware of their account and are offered financial awareness training to help them to manage their savings effectively.39
Government Response
A response document is linked to this report, dated 24 September 2023. Response attribution to this conclusion has not been verified. Read the response document ↗