Transfer your Child Trust Fund to Unity Mutual
How to transfer a Child Trust Fund to Unity Mutual
Although Child Trust Funds are no longer open to new business, it is possible to transfer an existing Child Trust Fund to another provider. When transferred, the funds will then be moved into a Junior ISA.
Transferring a Child Trust Fund into a Junior ISA is usually a fairly straightforward process, and we’re here to help you – from explaining how a Junior ISA works to ensuring the move is completed smoothly.
You’ll find a step-by-step guide to the transfer process below, along with answers to frequently asked questions.
How to transfer your Child Trust Fund to a Unity Mutual Junior ISA
Step 1
Read the Stocks and Shares Junior ISA Key Information Document(s) and the Terms and Conditions below to ensure the product is right for you.
Step 2
Request or download the Junior ISA transfer-in form.
Step 3
Return the completed transfer-in form to: insure@unitymutual.co.uk or by Freepost UNITY MUTUAL (please ensure "UNITY MUTUAL" is written in capital letters).
Step 4
Our customer service team will handle the rest, we’ll let you know in writing once the transfer is complete.
Important documents
Stocks and Shares
Grow your child’s money over the long term with a Stocks and Shares account. (Capital at risk)
Mini First Aid
Receive a free Baby and Child First Aid Class with award-winning Mini First Aid.
Friendly Society
As part of a mutual, Unity Mutual reinvests any surplus directly back into the services we offer, rather than shareholder profits.
Child Trust Fund transfer FAQs
Yes, we accept Child Trust Fund transfers if you do choose to move your child’s savings. Please make sure you're comfortable with the risks involved in a Stocks and Shares Junior ISA by reading the Key Information Document (Single / Regular premium) and Terms and Conditions.
No, transferring a Child Trust Fund to Unity Mutual won’t affect this year’s £9,000 contribution limit. Junior ISAs follow the tax year (April to April), and Child Trust Fund transfers don’t count toward the annual allowance – only new contributions made within the same tax year do.
No, only the registered contact can authorise a Child Trust Fund transfer. This is typically the child’s parent or legal guardian and the only person legally allowed to manage the account on their behalf.
Child Trust Fund transfers should be completed within 30 days of us sending a transfer request to your current provider. However, we cannot guarantee the processing time of other organisations. Please allow up to 30 days for this process to complete.
Unity Mutual will notify you if there are any issues that may be preventing the timely processing of your funds.
No. Unity Mutual does not charge any fees for transferring a Child Trust Fund. However, we recommend checking with your current provider to ensure they don’t charge exit or transfer fees before starting the process.
Important
This warning relates to our Stocks and Shares products. The value of investments can go down as well as up, so your capital is at risk and you may get back less than you invest. Past performance is not an indicator of future results.
Need help?
Email us
Send us an email at insure@unitymutual.co.uk
Customer centre
Take a look at our customer centre