Every parliamentary written question tabled by Andrew Lewin this session, with the full answer and department. Back to the MP page.
Showing 1–4 of 4 · Treasury
What is the average value of a redeemed child trust fund since (a) July 2023 and (b) July 2024.
The average market value of Child Trust Fund accounts that have matured and have been claimed or transferred to an ISA can be found in the Child Trust Fund tables of the Annual Savings Statistics.https://www.gov.uk/government/statistics/annual-savings-statistics-2025
What assessment she has made of the potential impact of a Central Finance Facility for credit unions on the economy.
The Government has made clear its strong support for the credit union sector, recognising the value that credit unions bring to their members in local communities across the country in providing savings products and affordable credit. HM Treasury is delivering on measures announced by the Chancellor in last year’s Mansion House speech, including: concluding a call for evidence on potential reforms to credit union common bonds, supporting the industry-led Mutual and Co-operative Sector Business Council, and commissioning the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) to publish a report on the mutuals landscape by the end of 2025. The Government currently has no plans to develop a central finance facility for credit unions but continues to engage with the sector and will keep all issues, like central finance functions, under review.
What estimate she has made of the number of Child Trust Fund accounts (a) accessed and (b) claimed in (i) England and (ii) the East of England since 1 September 2020.
Information on Child Trust Funds is available in HMRC’s Annual Savings Statistics.https://www.gov.uk/government/statistics/annual-savings-statistics-2024HMRC does not hold information on the geographical locations of Child Trust Fund account holders, therefore the requested regional breakdowns cannot be provided.
How many adults who are eligible for the Child Trust Fund have not accessed their fund in (a) England and (b) the East of England.
Information on Child Trust Funds is available in HMRC’s Annual Savings Statistics.https://www.gov.uk/government/statistics/annual-savings-statistics-2024HMRC does not hold information on the geographical locations of Child Trust Fund account holders, therefore the requested regional breakdowns cannot be provided.