The Save Child Savings Alliance is to meet with Treasury minister Mike Hoban this week in a bid to secure a long-term future for Child Trust Funds.
The trust funds will be scaled back from next month and phased out next year.
But the alliance is calling on the government to keep the infrastructure of the trusts in place so that government payments can start up again when the financial health of the economy is better.
It will argue at the meeting, which takes place on Thursday, that by keeping the trust funds in place they can still be used and marketed to families as convenient savings options for their children.
Other members of the alliance include Family and Parenting Institute chief executive Dr Katherine Rake and Martin Shaw, chief executive of the Association of Financial Mutuals.
Julian Le Grand, spokesman for the alliance and professor of social policy at the London School of Economics, said: "The principle of the trusts is sound. It has been widely used by grandparents and other relatives to help build up children’s savings.
"We want to ensure that the infrastructure is still in place so that families can carry on setting up accounts and that the systems are there for when the government is in a position to make contributions."
But the alliance is calling on the government to keep the infrastructure of the trusts in place so that government payments can start up again when the financial health of the economy is better.
It will argue at the meeting, which takes place on Thursday, that by keeping the trust funds in place they can still be used and marketed to families as convenient savings options for their children.
Other members of the alliance include Family and Parenting Institute chief executive Dr Katherine Rake and Martin Shaw, chief executive of the Association of Financial Mutuals.
Julian Le Grand, spokesman for the alliance and professor of social policy at the London School of Economics, said: "The principle of the trusts is sound. It has been widely used by grandparents and other relatives to help build up children’s savings.
"We want to ensure that the infrastructure is still in place so that families can carry on setting up accounts and that the systems are there for when the government is in a position to make contributions."
