Skip to main content

Early day motion tabled by primary sponsor Adrian Bailey (Labour and Co-operative Party), on Thursday, 9 March 2006, in the House of Commons. It is signed by 49 members in total.


CHILD TRUST FUNDS AND FRIENDLY SOCIETIES

That this House notes that of the 1,305,000 Child Trust Fund accounts reported by the Inland Revenue as opened at 5th January 2006, 567,000 have been lodged with friendly societies; recognises that this represents nearly 44 per cent. of all child trust funds to date; further notes that friendly societies are mutual organisations that offer investment and financial protection to people in all walks of life; commends their strong contribution to the delivery of this key policy to develop a regular savings habit among United Kingdom citizens; and calls upon the Government fully to appreciate the important contribution that friendly societies make when targeting tax incentives to encourage savings.


Secondary information

Type
Early day motion
Reference
1789 
Session
2005-06
Other sponsors
Peter Bottomley
Martin Caton
Ann Cryer
Andrew Dismore
David Drew
Subjects
Child trust fund Friendly societies
Link
View this Early day motion on www.parliament.uk