UK Parliament / Open data

Child Trust Funds

Proceeding contribution from Jeremy Quin (Conservative) in the House of Commons on Tuesday, 19 March 2024. It occurred during Backbench debate on Child Trust Funds.

I am grateful for the Minister’s candour. We have heard what he has to say. Like the right hon. Member for Kingston and Surbiton (Ed Davey), I am keen to work with the Minister, and I know that he has put changes in train to improve the situation. I was pleased to hear what he said about mailing, and we will

certainly work with him to see how it can be improved. I know that his intent is absolutely genuine and that he has genuine worries about ensuring that any scheme is safe for all, but this is about proportionality. There is a concern that thousands of young people may miss out because of the Minister’s genuine concern about what could be a very small number indeed.

I come back to the point about the DWP appointee scheme. If fraud is at work, which is always a risk when the Government are distributing or giving access to money in any form, there are far bigger fish to fry than the child trust fund. Trying to avoid that tiny risk prevents access for many thousands of people. We should be able to find a more effective yet secure way through. I urge him to keep reviewing the issue.

I was pleased to hear the Minister say that he will talk to the DWP about the process. I understand his point about primary legislation, but ultimately if primary legislation is required to ensure that we can right a wrong and get fairness, I am sure that it would not be a controversial bit of legislation—and what on earth are we here for? I look forward to ongoing discussions with the Minister and to finding a solution that works for all these disabled young people and their families.

Question put and agreed to.

Resolved,

That this House has considered Child Trust Fund access for people seeking to manage the finances of others.

6.12 pm

Sitting adjourned.

About this proceeding contribution

Reference

747 cc307-8WH 

Session

2023-24

Chamber / Committee

Westminster Hall
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