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Proceeding contribution from Paul Maynard (Conservative) in the House of Commons on Tuesday, 26 October 2010. It occurred during Debate on bill on Savings Accounts and Health in Pregnancy Grant Bill.


Savings Accounts and Health in Pregnancy Grant Bill

Three quarters of those accounts opened since 2005 have failed to receive additional deposits; 99% have not received the maximum funding available; and only 71% of eligible children have a child trust fund. I am not trying to argue, as Opposition Members seem to think, that the fund is a failure; I am trying to argue a more subtle point, that this piece of legislation—this policy innovation—has not achieved its goal.


Secondary information

Type
Proceeding contribution
Reference
517 c226 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Children Children in care Child trust fund Grants Personal savings Low incomes Poverty Pregnancy Saving gateway
Legislation
Savings Accounts and Health in Pregnancy Grant Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk