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HMRC Urges Forgotten £2,000 Check
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HMRC is urging 430,000 young people aged 18-21 to check if they have a forgotten £2,000 in their Child Trust Fund, which closed in 2011.
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How might the unclaimed funds in the Child Trust Fund impact the financial well-being of the individuals?
In what ways might the existence of the Child Trust Fund influence the financial planning and saving habits of young people?
What measures could HMRC take to ensure that individuals are aware of their potential funds and are able to claim them?
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