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What happens if I don’t use the Child Trust Fund voucher?

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What happens if I don’t use the Child Trust Fund voucher?

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If you don’t use your child’s voucher within 12 months, the Inland Revenue will automatically open a stakeholder account for your child, with one of the approved organisations offering Child Trust Fund. However, by opening a Child Trust Fund account yourself, you make the decision as to which provider it will be invested with.

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