Child Trust Fund and Individual Savings Accounts
Commons · Question 123019 · Tabled 23 Mar 2026 · Ministry of Justice · Official record
Answered 31 Mar 2026
Question
Asked by Edward Morello
To ask the Secretary of State for Justice, what assessment his Department has made of the adequacy of the accessibility of Child Trust Funds and Junior ISAs for young people who lack mental capacity.
Answer
Answered by Alex Davies-Jones, 31 Mar 2026
Where a young adult lacks mental capacity, the law requires parents or guardians to have legal authority to make decisions on their behalf about their financial assets or property. This longstanding safeguard helps protect vulnerable people from potential...