Hi - I'm doing some work with a building society on Child Trust Funds, and I thought I'd ask the collective wisdom of parents a question, because I can't get to the bottom of this.
When people set up a Child Trust Fund, HMRC allocates the child a 'Unique Reference Number'. From the documentation, it looks like this is in the same format as the National Insurance number (NINO) - a nine digit reference like: AA123456A.
I'm thinking that this becomes the child's NINO when they turn 16, but I don't have any evidence of this.
Dear parents: Can anyone who has a Child Trust Fund for a child who is now over 16 confirm that the child's Unique Reference Number and their NINO are the same? Or did they get allocated a new NINO when they were 16?
Please don't share any personal details or reference numbers on this forum.