Child Trust Fund Top Ups

A little boost
For your little
(or not so little) ones

Sometimes you might find yourselves with a little extra money that you want to add to your child’s Child Trust Fund. There are a number of easy ways to top up their plan.  What better way to make a difference to their tomorrow, today.

If your child or grandchild has a Child Trust Fund with us, then you can top it up at any time. It’s the perfect place for that Christmas and Birthday money to potentially work harder for them.

Why top up their child trust fund?

You can pay in £9,000 in the current tax year.

Your money is invested in a fund which gives you access to investment types you cannot get directly.

Make top ups from as little as £5 a month, or one off payments from £50. When your child turns 18 they’ll get back at least everything you’ve paid in, plus any bonuses that may have been added. That’s our guarantee to you.

Friends and family can top up too. It could be the perfect place for Birthday and Christmas money!

Molly, Staffordshire

“…On the 29th of July 2022, I graduated from the University of Nottingham with a Bachelor of Science (Hons) degree. I want to say a big thank you to Foresters for accepting my application for the Education Support Fund because without it I wouldn’t be where I am today.”

Read More

Common questions

Can I still open a Foresters Friendly Society Child Trust Fund?

Child Trust Funds are no longer available to open. But on the plus side, we do offer a saving plan which can be used to save for your child’s future. Find out more about our Child Tax Exempt Savings Plan.

It’s still possible to transfer an existing Child Trust Fund or Junior ISA into a Foresters Friendly Society Junior ISA, simply select the Transfer option when applying online for the Junior ISA, then print and return the Transfer form provided to us by post so we can process your transfer request. If you would prefer to do this solely by post, please call us on 0800 988 2418 so we can send the forms you’ll need.

Can I transfer an existing Child Trust Fund or Junior ISA to Foresters Friendly?

We no longer accept transfers into our Child Trust Fund.

What alternative saving plans to the Child Trust Fund do you have?

We provide a Child Tax Exempt Savings Plan, only available through Friendly Societies. This is a tax efficient savings plan that allows you to pay regular premiums of £25 a month into the plan for a fixed term. This means that you decide when you want the plan to mature for your child or grandchild (after the child’s 16th birthday and subject to a minimum term of 10 years).

Is there a limit on the amount of top ups I can make?

Yes. The maximum you can top up for the current tax year is £9,000.

If you want to pay in more than £9,000 per year, our Child Tax Exempt Savings Plan can be taken out as well as a Child Trust Fund to further maximise the child’s savings.

Can my child access the money in their Child Trust Fund before they reach 18?

No. The Child Trust Fund is designed to offer a financial head start when the child becomes an adult by providing a cash payment when they turn 18 years old. Only in exceptional circumstances can they get their hands on the money. There are further details within the plan conditions which you will have received when you opened the Child Trust Fund.  If you have misplaced these, please call us on 0800 988 2418 and we will answer any questions you may have.

What is the guarantee when the Child Trust Fund matures when the child turns 18?

When your child turns 18 they’ll get back at least everything you’ve paid in, plus any annual bonuses that may have been added. That’s our guarantee to you.

Can I have access to the money?

No, the only person who can access the money in the Child Trust Fund is your child. And even then it’s locked away until they’re 18.

Do I have control over the money?

You control the Child Trust Fund until your child reaches 16. From 16 onwards, your child can control the Child Trust Fund if they wish to.

Where is the money invested?

The money you pay into the Child Trust Fund is invested in Foresters Friendly Society’s With Profits Order Insurance Fund. We never forget it’s your child’s money, so we take extra good care of it. The money is spread across a number of different types of assets that may include property, UK government bonds, equities and cash. If the return from any one particular asset type is poor, the investment may be protected from the full impact of this fall as other assets may perform better.

What is the potential benefit of the chosen asset mix within the Foresters with profits fund?

Many funds that invest in a variety of asset classes would have a mixture of equities and bonds.  These asset classes traditionally have a negative correlation, meaning that if equities go up in value, bonds generally go down in value.  The opposite happens when equities go down in value.  Over the past few years this correlation has moved to a positive correlation, resulting in equity and bond valuations moving in the same direction.  This can increase the risk of poor returns and increased volatility in fund values.

We use private assets to help diversify our fund and reduce its overall risk, as private assets are not so closely correlated with equity and bond (public) investments and so can help to balance investment volatility.  Private assets also offer the potential for higher returns as they are often long term investments.  The downside is that private assets offer lower flexibility than public assets. We monitor the overall exposure between private and public assets to ensure the mix meets our expected cashflows.

What interest does the plan pay?

The Child Trust Fund does not pay interest. Instead, by investing the money you pay into the plan into our With Profits Order Insurance Fund we provide the potential for growth by way of bonuses. The better the fund does, the higher the bonuses your child could potentially receive. Any profits generated by our fund are used to add an annual bonus and possibly a final bonus when the plan reaches the end of its term.

We have paid annual bonuses on our Child Trust Fund for the past 15 years and although we can’t guarantee that we’ll pay a bonus every year in the future, we can guarantee that your child will get back what has been paid in plus any previous annual bonuses that have been added to the plan.

  • In 2022 the annual bonus rate was 1.50%

The annual bonus is applied to the amount you have invested in your child’s Child Trust Fund to date plus any previous annual bonuses that have been added.

The addition of any bonus is not guaranteed. To find out more about the addition of bonuses and how we manage our fund please read our Principles and Practices of Financial Management (PPFM).

Added value for your child – Foresters Extras

With a Child Trust Fund your child is part of the Foresters Friendly Family, and can enjoy some wonderful, unique benefits including discretionary grants to help with the cost of higher education and to support life’s ups or downs.

Find out more

Two ways to top up your child trust fund



Set up a regular monthly direct debit, or make a one-off, secure payment from your debit card. Top up online now.


By phone

Call us on 0800 988 2418 and we can set up a regular monthly direct debit, or take a one-off payment from your debit card over the phone.



Ready to get started?


call 0800 988 2418

We’re here if you need help or have any questions

If you’re a little stuck and need help, please get in touch. Our UK based team can help to make things as smooth and easy as possible (lines are open Monday to Friday 9 am to 5 pm).

Call free on 0800 988 2418