Child Trust Fund

HC Deb 15 October 2001 vol 372 cc835-6W

Mr. Boris Johnson

To ask the Chancellor of the Exchequer when details of the proposed Child Trust Fund and Saving Gateway will be published; and what consultation has been undertaken in respect of this. [6092]

Ruth Kelly

As announced by the Chancellor of the Exchequer at the launch of the consultation on proposals for the Child Trust Fund and Saving Gateway in April, results of the consultation will be released at the time of the pre-Budget report this autumn, with further consultation to follow on more detailed proposals.

A wide range of financial services providers, academics, charitable organisations and trade bodies have taken part in the consultation exercise to date, both in submitting views and in discussion. Further consultation will provide additional opportunity for these organisations and others to inform the development of the proposals.