Child trust fund difference between siblings

[PookieDo]

My DC were born when the child trust fund money was being allocated back in early 2000’s

Eldest child got one £250 lump at birth and another when 7yo, the other child only had 1 £250 lump at birth and did not get another when she was 7, which was late 2011 because I think it was scrapped in Jan 2011.

So DD1 already had more than DD2. ExDP was supposed to help pay money in but he never did and I wasn’t in a good financial position to have savings for them as single mum low on a low income. They live with me and he pays (shit but) regular maintenance

I have had both their statements posted to me this year as I moved house (and DD1 now has control over hers until she is 18) and DD1’s has done much much better than DD2’s where it has been invested and also as it was a larger amount to begin!

I want to put some money into DD2’s now because I am in a better financial position and to make it fairer but DD1 feels this is unfair of me to not give her the same amount of money. I do see her point but she is already better off!

AIBU to make it fairer or WIBU to give money to DD2 and not DD1? I could do it without DD1 knowing but I do not want to, that isn’t the type of parent I want to be

My eldest got both payment my youngest did not get the second. We set theirs not to be invested. I have told both my children we will make them up to x amount for the day they turn 18. Which will mean putting so much a month in for the final months until their 18. We will start few months earlier for youngest as they will have the same amount

I think you should make them equal if you can afford to. I think it is important to do so if you are able to.

If DD2 has three years left you can make up the shortfall by paying in £25 a month for 36 months.

We moved DD1’s CTF into an Junior ISA as it was performing worse than DD2’s ISA even without the £250. It actually lost money. There’s currently a £950 difference but this will even out due to the age gap, almost exactly, because we pay in £50 each per month.