A $12bn trust fund for British teenagers is ready to raid

A $12bn trust fund for British teenagers is ready to raid

The UK’s Child Trust Funds, an experimental savings programme, were enacted in 2005, when ‘Harry Potter and the Goblet of Fire’ was the world’s No. 1 movie. PA Images via Reuters Connect After 15 years, a $12 billion (Dh44.1bn) trust fund is finally ready to be raided.

British teenagers turning 18 on Tuesday will begin receiving payouts from an experimental savings programme enacted when Tony Blair was prime minister – and Harry Potter and the Goblet of Fire was the world’s No 1 movie. Three ways to protect your family wealth in times of uncertainty Child Trust Funds were set […]

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