Sentences with phrase «non-stakeholder child trust fund»

The current sponsors are the NSPCC, Children's Mutual (Child Trust Funds) and the Government's family information services phone line.
The document says that women have reacted badly to «visible and prominent» issues, including tuition fees, abolition of child trust funds, changes to child tax credits, benefits and income support.
The Government's tax - free children's savings product, the Junior ISA (JISA), was launched in November as a replacement to the Child Trust Fund.
But on the basics of tax and spend, they have persistently made non-progressive choices - tax cuts that disproportionately benefit the rich; scrapping the Child Trust Fund; phasing out tuition fees.
By your logic about «scarce public funds», surely it would be fairer to give the Child Trust Fund only to poorer families, rather than as a capital endowment for all young people?
Given that he was (unfairly) attacked for not paying capital gains tax when he was not liable for it, I wonder if that makes whether or not to use one of the last full Child Trust Fund vouchers a dilemma for him?
Among his proposed # 15 billion in savings - cuts in tax credits, child trust funds and winter fuel payments to pensioners - as well as closing tax loopholes and avoidance.
We have had a discussion on the Child Trust Fund before on the Social Liberal Forum blog.
LDs should support child trust fund, and rethink student fees opposition
We can welcome the Mansion Tax and be critical of the LibDems on the Child Trust Fund.
In actual policy, Gordon Brown and the British Labour Party initiated the United Kingdom Child Trust Fund, while in the United States the idea has been implemented in the form of Individual Development Accounts and argued for by Michael Sherraden.
The coalition has already announced measures to limit tax credits, scrap the Child Trust Fund, for the part - privatisation of Royal Mail, to scrap National Insurance increases for employers but maintain them for employees, cut by 10,000 the planned extra university places, provide for a greater role for the private sector in «free schools» and a «review» of all employment law to «maximise flexibility» amongst other measures.
One of the motivations of the related policy such as the Child Trust Fund is clear from this excerpt:
Ditto the Child Trust Fund - # 200 is an insult to those who will in the meantime lose massively while their parents pay the penalty for Labour's profligacy.
If the Child Trust Fund were larger it might be a different matter.
«But we've also said we're going to freeze public sector pay for a year, we've said we are going to ask people to retire a year later from 2016, we've identified some benefits like the child trust fund that we won't go on paying to better - off families.
Child trust funds, worth # 250 to every new baby, would be limited to the poorest third of families and those with disabled children.»
# 2.25 bn of this spending would be new money taken from reforms of the tax credit system and # 500m from abolishing the child trust fund, which goes to teenagers.
Measures which support family incomes — whether tax credits, child benefit or the child trust fund and the savings gateway — are being stripped away.
Elsewhere, both parties agree they should abolish child tax credits for those on middle to high incomes and similarly, both say they would abandon Labour's child trust fund that gives # 250 to every newborn in the country to set up a bank account.
Yet pretty much every major cut so far has been targeted specifically at children: new schools & playgrounds scrapped, Child Trust Fund scrapped, free school meals extension scrapped etc., and now Child Benefit cut.
Evidence shows that the Child Trust Fund can help youngsters plan ahead, and planning for the future is a priority area.
There are lessons at school on how to manage the Child Trust Fund.
What will happen to the Child Trust Fund and the opportunities for learning under these proposals?
One of the main findings of this was a strong commitment to a provision of a Child Trust Fund for all.
Has Richard Reeves suddenly forgotten that the Lib Dems want to abolish the Child Trust Fund?
The financial contribution the baby - boomer generation often makes to its children and grandchildren is, however, frequently forgotten, with three out of ten grandparents setting aside money to help their grandchildren get on the property ladder and # 470m contributed to child trust funds each year by grandparents.
Disabled children and the poorest third of families will continue to receive both new child trust funds at birth and top - up payments.
I've done research with parents on their attitudes to the Child Trust Fund.
The parties agree that reductions can be made to the Child Trust Fund and tax credits for higher earners.
The Tories opposed child trust fund, child tax credit, minimum wage and working tax credit.
New Labour's Child Trust fund is a significant policy to recapitalize the poor, by using general taxation (which is progressive) to give every child a grant at their birth, a bigger grant too poor kids, and an opportunity to save into it.
But he added: «Quite frankly, child trust funds have not been as successful as many like myself hoped.
The shadow chancellor also said he would reverse the effects of the government's move to end tax relief on pension funds, would abolish the national child trust fund for the rich and remove tax credits from families earning more than # 50,000.
Shadow chancellor tells Tory conference he will remove child trust fund and tax credits for high earners
The Treasury this week announced # 6 billion of cuts, including the abolition of Child Trust Funds and cuts in university funding.
The Tories have announced plans to end tax credits for families with an income of more than # 50,000 a year and to restrict child trust funds.
Extra money in child trust funds for the disabled children.
Where appropriate, we should resist the micro consequences of the deficit reduction — say, closures of Sure Start centres; the scrapping of the Child Trust Fund, and so on — but we shouldn't lose sight of the macro picture: that we need to speak credibly on deficit reduction.
The Child Trust Fund scheme was promised in the Labour Party's 2001 election manifesto [3] and launched in January 2005, with children born on or after 1 September 2002 eligible.
The UK Government introduced the Child Trust Fund with the aim of ensuring every child has savings at the age of 18, helping children get into the habit of saving whilst teaching them the benefits of saving and helping them understand personal finance.
Child trust funds were opposed by the Liberal Democrats in the 2005 general election, and the Liberal Democrats remain opposed.
On Child Trust Funds, 28 % thought they should be abolished altogether, 42 % that they should be restricted to only the poorest families.
But these were focused on specific savings to fund new spending: using the Child Trust Fund and restricting tax credits to pay for the pupil premium and to release money for a jobs package.
The coalition has already set out # 6bn cuts for the current financial year, including the scrapping of the child trust fund and reductions in quango and local authority funding.
More than a # 1bn will be cut form the budgets of local councils, while Child Trust Fund payments will also be scrapped in a move the new government hopes will eventually save more than # 500m.
In a current project on parliament's impact on legislation, we found an example where Labour MP Paul Goggins (whose sudden death in January generated heartfelt tributes from all sides of the House) put Cameron on the spot over the effect that the coalition's abolition of the Child Trust Fund would have on children in care.
What the Tories are saying about child trust funds, child tax credits and Sure Start — they're saying, «let's residualise, let's make the welfare state just for the poor» but [this goes against] all the evidence in terms of maintaining public support [for the welfare state].
Moreover, the Lib Dems on their own admission have shifted rightward, with crypto - Thatcherite policies - such as abolishing the New Deal (which has brought 1 million into work) and the Child Trust Fund (to give poor youngsters an asset for their adult lives), and promoting privatisation of health services.
Your Child Benefit may go, and your Child Tax Credit and Child Trust Funds are to be scaled back.
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