Children's Trust Fund

HC Deb 09 July 2003 vol 408 c867W

Mr. Hoyle

To ask the Chancellor of the Exchequer if he will make a statement on the introduction of the Childen's Trust Fund; and when money will be received from the Children's Trust Fund. [1244711]

Dawn Primarolo

The Child Trust Fund will ensure that all children, regardless of family background will benefit from access to a stock of financial assets when they start their adult lives.

Child Trust Fund accounts are expected to be available from 2005. Full proposals for the Child Trust Fund will be published later in the summer.