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Type: IFS Reports Authors: Carl Emmerson and Matthew Wakefield
Volume, issue, pages: 46 pages
Keywords: Saving, asset-based welfare, children
ISBN: 978-1-903274-21-7 IFS member price: £10 Non-member price: £30
Press release: The Child Trust Fund and the Saving Gateway The 2001 Labour Party manifesto committed the government to introducing a 'Child Trust Fund' and a 'Saving Gateway' in the current parliament. This Commentary assesses these two policy proposals. It looks for possible rationales behind the government's plans for some form of asset-based welfare. It provides a discussion of many of the issues important to the design of the Child Trust Fund and the Saving Gateway. It also presents new evidence on the characteristics, incomes and savings of lower-income groups who might be eligible for the Saving Gateway. Search |
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