Let me offer these words to the House:"““Simply put the Child Trust fund started people saving for children again. Since its introduction, child saving across all schemes and products has risen. We should acknowledge that asset building for children became a widespread reality in the UK through the introduction of the Child Trust Fund in 2005, and it quickly became an internationally renowned example of a long term tax free savings and investment account for children, one which encouraged saving and promoted an understanding of personal finance.””"
Those are not my words but the words of Phillip Blond, in a new pamphlet called, ““Asset Building for Children—Creating a new civic savings platform for young people””. I did not expect to be speaking his words, let alone encouraging the Minister to listen to them.
Savings Accounts and Health in Pregnancy Grant Bill
Proceeding contribution from
Sheila Gilmore
(Labour)
in the House of Commons on Monday, 22 November 2010.
It occurred during Debate on bills on Savings Accounts and Health in Pregnancy Grant Bill.
About this proceeding contribution
Reference
519 c75 Session
2010-12Chamber / Committee
House of Commons chamberSubjects
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