Child Trust Funds (Hansard, 16 December 2002)

§ Mr. Prisk
To ask the Chancellor of the Exchequer what discussions officials from his Department have had with representatives of(a) the banking industry, (b) building societies and (c) friendly societies regarding the provision of Child Trust Funds; what research his Department has undertaken on the provision of Child Trust Funds; and if he will publish the research. [86295]

§ Ruth Kelly
Proposals for the Child Trust Fund were first published in April 2001 in the consultation document entitled "Saving and Assets for All". A follow up consultation document, "Delivering Saving and Assets", was published in November 2001. A wide range of financial services providers have taken part in the consultation exercises to date. As announced in the pre-Budget report the Government will now consult with key stakeholders on the detailed implementation of the Child Trust Fund.

§ Mr. Flight
To ask the Chancellor of the Exchequer when he will introduce child trust funds. [86665]

§ Ruth Kelly
The Government provided an update on the child trust fund in the pre-Budget report (paragraphs 5.55–5.59).