Wednesday, December 02, 2020

Davey: Child Trust Fund reforms do not go far enough


Responding to the Government's announcement that Child Trust Fund court fees will be waived for parents, Liberal Democrat Leader Ed Davey said:

“Thousands of young disabled people are finding themselves locked out of their own Child Trust Funds when they turn 18. It’s good that the Government has finally recognised this problem, but waiving the court fee falls far, far short of an acceptable solution.
 
“It will do nothing to alleviate the stress, hassle and bureaucracy involved in the current process. Ministers are displaying an appalling lack of understanding or empathy for the enormous challenges the carers face every day.
 
“The Government must urgently implement a proper solution to this problem, that allows carers to access Child Trust Funds on behalf of disabled young people who lack the mental capacity to manage their own money, without having to go to court.”
 


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