HM Treasury

Newsroom & speeches

19 March 2010

Boost to Child Trust Funds for disabled children

On 18 March, Exchequer Secretary Sarah McCarthy-Fry visited the Rainbow Family Centre to raise awareness of the additional payments made by the Government into the Child Trust Fund’s of disabled children. 

From April 2010, the Government will pay an additional £100 per year into the Child Trust Fund accounts of disabled children. The most severely disabled children will receive £200 per year. These additional payments will be made automatically by the Government directly into their Child Trust Fund accounts.

The Government introduced the Child Trust Fund in 2005 with the aim of encouraging parents to save and invest in their children’s future, so that at the age of 18, every child has access to savings that will help them set off on the right path into adulthood. So far nearly 5 million children across the UK have a Child Trust Fund. 

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