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We propose that by removing the requirement to provide the child’s address on the CTF annual statement, the safeguarding risk that could arise from it would be eliminated. Implementing system changes and process controls mitigates the risk but does not eliminate it completely.
Click here to read our paper sent to HMRC on 11 February 2019.
Andrea Jeffries
Policy Manager
Child Trust Funds
ISAs - Individual Savings Accounts
Junior Individual Savings Accounts (JISAs)