Becoming a Registered Contact
Understanding how the Registered Contact for a Child Trust Fund works can be confusing. To make things simpler, we’ve broken down the details below.
Parent or Guardian
Being the parent or guardian of the child who owns the CTF Account does not automatically make you the Registered Contact. If your child is under 16, to become the Registered Contact on the account, you must register your details with us. This will enable you to manage the account on the Child’s behalf. If your child is over 16, in most circumstances they must become the Registered Contact on their own account.
When the account matures on the child’s 18th birthday, only they can give instruction on what to do with the funds, regardless of who the Registered Contact is.
Child over 16?
If the account holder is aged 16 or over, only they can become the Registered Contact on their own account. This will need to be done before the child reaches their 18th birthday in order to instruct us what to do with their account.
If the account holder is under 16, then they cannot become the Registered Contact yet and this responsibility will fall to their parent/guardian until they reach 16. When they reach 16, they can become the Registered Contact for their own account.
Back to CTF Hub
Apply to be the Registered Contact
To become the Registered Contact for the account, all you need to do is download, complete and return the form found below.