Skip to main content

Written question asked by Fraser Kemp (Labour) on Thursday, 14 July 2005, in the House of Commons. It was due for an answer on Monday, 18 July 2005. It was answered by Ivan Lewis (Labour) on Wednesday, 20 July 2005 on behalf of the Treasury.


Child Trust Fund

Question
To ask the Chancellor of the Exchequer (1) how many applications there have been for the new child trust fund nationally since its introduction; and how many children are eligible to receive it;
Answer

Children are eligible for the child trust fund if they were born on or after 1 September 2002, a child benefit award has been made for them and they live in the UK and are not subject to immigration restrictions.A CTF voucher is needed to open a child trust fund account and all eligible children receive one automatically once a child benefit award is made. No separate application is needed. So far around 1.7 million vouchers have been issued and I am encouraged by the fact that around one third of these vouchers have already been used and that awareness of the fund is virtually universal and many parents now see the child trust fund as the primary savings vehicle for their child. This positive action will help us to achieve our goal that every child—regardless of their background—gets the best start in life.Information on the number of CTF vouchers issued by parliamentary constituency is only available at disproportionate cost. However for information on the number of children born to mother resident in each UK constituency since 1 September 2002 I refer the hon. Member to the answer given to the hon. Member for Battersea (Martin Linton) on 30 November 2004, Official Report, columns 87–88W.


Secondary information

Type
Written question
Reference
13566; 436 c1826-7W;436 c1826-7W
Session
2005-06
Related items
Military/Police Assistance
Monday, 14 November 2005
Written questions
House of Commons
Child Trust Fund
Monday, 12 September 2005
Written questions
House of Commons
Child Trust Fund
Monday, 12 September 2005
Written questions
House of Commons
Child Trust Fund
Monday, 12 September 2005
Written questions
House of Commons
Show all related items (8)
Child Trust Fund
Monday, 10 October 2005
Written questions
House of Commons
Child Trust Fund
Wednesday, 20 July 2005
Written questions
House of Commons
Child Trust Fund
Monday, 10 October 2005
Written questions
House of Commons
Child Trust Fund
Monday, 10 October 2005
Written questions
House of Commons
Subjects
Child trust fund