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Child Trust Funds

Volume 451: debated on Wednesday 8 November 2006

To ask the Chancellor of the Exchequer how many child trust fund vouchers have been issued for children born in (a) the UK and (b) Wansbeck constituency; and how many have resulted in accounts being opened in each case. (100053)

The latest set of child trust fund statistics showing UK-wide information was published by HM Revenue and Customs on 29 September at www.hmrc.gov.uk/stats/child_trust_funds/child-trust-funds.htm. These show that over 75 per cent. of parents are using their child’s voucher to open a child trust fund account.

Child trust fund information at constituency level would currently be available only at disproportionate cost. However, it is anticipated that this information should become available later this year.