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Child Trust Fund

Volume 454: debated on Wednesday 13 December 2006

To ask the Chancellor of the Exchequer what the take-up has been of the Child Trust Fund, broken down by (a) social class and (b) region. (105501)

The latest set of Child Trust Fund statistics showing UK-wide information was published byHM Revenue and Customs on 29 September at—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 on take up at constituency level will be available early next year. A detailed distributional analysis of the Child Trust Fund looking at take up by income group will also be published in 2007.