Other

Child trust funds: Calls for a tiered top-up system

A leading think-tank last week called on the Government to overhaul child trust funds so that poor children are not left behind.

The Institute for Public Policy Research said top-ups should be used toensure poor children do not lose out. In a new report, Top Tips forTop-Ups, it advocates giving an 850 top-up to children from theleast well-off families, but only 150 to those from the mostaffluent families.

Dominic Maxwell, the report's author, said: "A tiered system of top-upsfor child trust funds, with poorer families receiving more, ensures thatthe money goes where it is needed most."

Currently the Government gives either 250 or 500 to allnewborn babies, depending on their parents' earnings. The Government hasalso promised to make an one-off payment of an as-yet-unspecified amountwhen children reach the age of seven.

Register Now to Continue Reading

Thank you for visiting Children & Young People Now and making use of our archive of more than 60,000 expert features, topics hubs, case studies and policy updates. Why not register today and enjoy the following great benefits:

What's Included

  • Free access to 4 subscriber-only articles per month

  • Email newsletter providing advice and guidance across the sector

Register

Already have an account? Sign in here


More like this

Hertfordshire Youth Workers

“Opportunities in districts teams and countywide”

Administration Apprentice

SE1 7JY, London (Greater)