
Carer's Allowance and Child Trust Funds
Money Box
Navigating Child Trust Funds and Assistance Challenges
This chapter delves into the complexities surrounding Carer's Allowance repayment terms and the challenges young adults face with Child Trust Funds. It shares Max's disappointing experience with his fund's diminishing value due to hidden fees and emphasizes the need for better communication from investment firms. Furthermore, it highlights the significant lack of awareness among young people about these financial accounts and the potential for government intervention to improve access and support.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.