Top Tips for Top Ups

Article

This document forms the ippr response to the Treasury's consultations on additional payments to Child Trust Funds.

This document forms the ippr response to the Treasury's consultations on additional payments to

Child Trust Funds. A consultation launched on 2 December 2004 asked for views on the correct size

and ratio of progressivity of top-ups at age seven. A consultation launched on 16 March 2005 asked

the same questions for top-ups at secondary-school age, and asked at what age payments

should be given.

To answer these questions about top-ups, we return to the original objectives of the CTF - promoting a savings habit, and providing independence, opportunities, and security - and consider how top-ups could contribute to these objectives. We also consider how top-ups could help promote active citizenship, which is an explicit government objective, and reduce wealth inequality, which is important for achieving other government goals. Dominic Maxwell and Sonia Sodha

Related items

  1. A mother and child from behind looking out of a window

    Restoring security: Understanding the effects of removing the two-child limit across the UK

    The government’s decision to lift the two-child limit marks one of the most significant changes to the social security system in a decade.
  2. A group of healthcare professionals sitting in a staff common room in a hospital in Newcastle

    Building a healthier, wealthier Britain: Launching the IPPR Centre for Health and Prosperity

    Following the success of our Commission on Health and Prosperity, IPPR is excited to launch the Centre for Health and Prosperity.
  3. The Home Office building in London

    A ‘paradigm shift’ in asylum and immigration policy?

    In 2019, a package of asylum reforms known as the ‘paradigm shift’ was passed by a broad party consensus in the Danish parliament.