# UK Government Simplifies Access to Child Trust Funds for Disabled Young Adults New legislation removes complex legal barriers for 126,000 individuals to access their savings. - **Source:** [Daily Express :: Finance Feed](https://www.express.co.uk) - **Published:** 2026-11-04 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/333e8287-aa87-4f31-8d05-0fc8fae81056 ## Legislative Reform for Savings The UK government is introducing new legislation to simplify access to Child Trust Funds for young adults lacking mental capacity. This reform targets 126,000 individuals who previously faced significant barriers. By bypassing the complex Court of Protection process, families can now directly access savings that average £2,600 per account holder. ## Addressing Longstanding Financial Injustice Child Trust Funds were originally launched in 2005 to support young adults entering adulthood. However, the initial framework failed to provide accessible pathways for those unable to manage their own finances. Justice minister Jake Richards confirmed that this legislative amendment corrects a long-standing injustice that has persisted for many years. ## Removing Administrative Red Tape The current system often requires costly and time-consuming legal interventions through the Court of Protection. The new process allows parents and carers to deal directly with fund providers. This change aims to reduce the administrative burden on families while ensuring that vulnerable young adults can finally access their rightfully owned financial assets. ## Collaborative Policy Development Government officials are working alongside disability charities and the financial services sector to design the new process. This collaboration focuses on defining necessary evidence requirements and proportionate safeguards. The goal is to protect vulnerable young people from financial exploitation without reintroducing the excessive red tape that previously hindered account access. ## Impact of Six-Year Campaign This breakthrough follows six years of persistent campaigning led by parent carer Andrew Turner and supported by the charity Contact. Their efforts highlighted the financial exclusion faced by disabled youth. The government’s commitment to this amendment marks a significant victory for families who have been locked out of their own savings. ## Financial Services and Markets Bill The proposed changes will be integrated into the Financial Services and Markets Bill. Following parliamentary approval, specific operational details will be established through secondary legislation. This structured approach ensures that the new access scheme remains legally robust while providing a clear, simplified pathway for parents to manage their children's financial futures. ## Maintaining Legal Safeguards While the new scheme simplifies access, the Court of Protection remains an available route for cases requiring higher levels of legal oversight. The government intends to balance ease of access with necessary protections for vulnerable adults. This dual-track approach ensures that the reform remains flexible enough to handle diverse individual financial circumstances. ## Future Financial Foundations By unlocking these funds, the government is helping thousands of young adults build a stronger financial foundation for their future. This policy shift not only releases millions of pounds in benefits but also empowers families to manage resources more effectively. It represents a critical step toward inclusive financial policy for disabled citizens. ## Sources covering this story - https://www.express.co.uk/finance/personalfinance/2263155/andy-burnham-child-trust-fund — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._