Let’s abridge a long tale: some thought it a fine notion to take your money if you’d left it untouched in a bank or building society account for fifteen years.
Good causes they say.
The cash ends up with the Big Lottery Fund. It’s been the law for more than a dozen winters.
Now there’s the caprice to expand the scheme to such assets as pension savings, bonds and insurance policies.
Such is the thinking that Child Trust Fund monies might be included as they start to mature.
By this novel scheming, some Child Trust Funds would be deemed dormant by the fund-holder’s twenty-fifth birthday.
Allow me to say things you’re too polite to think: this is nowt but state-sanctioned thievery.
Some are phlegmatic about their assets being sequestered by an agency of the state for transfer to the Big Lottery Fund.
Those who aren’t can take easy, simple, painless steps to avoid their hard-earned cash being confiscated by the state, albeit for good causes.
Those who’ve read my book know of which I speak.
If you’d like a copy, maybe for a friend, simply boogie on down to