00:02Thousands of young adults are being urged to check for forgotten savings accounts that could
00:06be worth thousands of pounds. The HMRC has established a new campaign to reunite young
00:12Brits with forgotten savings. Tax officials say many people aged around 21 may have a child trust
00:18fund set up in their name, often without realising it. These accounts were created for children born
00:24in the 2000s with government contributions and the option for families to add more.
00:30The average balance is estimated at around £2,200.
00:36Officials say many accounts remain unclaimed.
00:38Young people are being encouraged to use a free online tool to trace their savings.
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