The Blairite think-tank, which developed the child trust fund concept five years ago, argues that this approach would build on youth green paper proposals, encourage more young people into volunteering and increase public support for the fund.
The institute floats the idea in Top Tips for Top-Ups: the Future of Child Trust Funds, a response to a Treasury consultation on what form top-up payments to child trust funds should take.
The think-tank proposes special interviews for young people with Connexions personal advisers or other professionals to encourage responsible use of the money.
www.ippr.org.
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