Proceeding contribution from Earl of Listowel (Crossbench) in the House of Lords on Monday, 10 October 2011. It occurred during Debate on bill and Committee proceeding on Welfare Reform Bill.
Welfare Reform Bill
My Lords, I was most grateful to the Minister for his previous reply and for the offer of detailed information on the question I asked him. Now I would like to ask him about child trust funds, and I hope I have the right hook on which to put this question. There has been some toing and froing about child trust funds, but thanks to the work of Paul Goggins MP and support cross-party, they have been reinstated for children in local authority care. The local authority will put in a sum, supported by the Government, for each year that a child is in care, I think. I am interested to know how that will be treated in this context. The Government have also moved away from providing money to parents for trust funds, but they are looking to find vehicles to encourage parents to put money for their children into these child trust funds. Again, I am interested to know how that particular vehicle will be treated in this context. I hope that is clear.
Secondary information
- Type
- Proceeding contribution
- Reference
- 730 c413GC
- Session
- 2010-12
- Chamber / Committee
- House of Lords Grand Committee
- Subjects
- Capital rules Jobseeker's allowance Eligibility Income Individual savings accounts Personal savings Low incomes Payments Property transfer Property Maternity benefits Social security benefits Welfare tax credits Employment and support allowance Universal credit
- Legislation
- Welfare Reform Bill 2010-12
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 20:47:03 +0000
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