Government plans easier access to child trust fund savings for young people who lack mental capacity
Summary
Thousands of young people are to get easier access to savings under Government plans, the Evening Standard and The Independent reported on Tuesday 3 November, the moves to make access to child trust funds simpler aiming to help young people who lack mental capacity. Up to 126,000 young people are to get access to £2,600 under a new rule that will help parents and carers directly approach providers to access the money, Wales Online reported, and i News headlined that thousands of disabled young adults are to unlock £2,600 in Child Trust Fund savings, ministers admitting the Government has been 'slow to find a solution' for thousands unable to access the cash.
Latest: Thousands of young people are to get easier access to savings under Government plans to make access to child trust funds simpler for young people who lack mental capacity, the Evening Standard and The Independent reported, Wales Online writing that up to 126,000 young people are to get access to £2,600 and i News that ministers admit the Government has been 'slow to find a solution'.
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How it unfolded
Tuesday 3 November
Thousands of young people are to get easier access to savings under Government plans to make access to child trust funds simpler for young people who lack mental capacity, the Evening Standard and The Independent reported, Wales Online writing that up to 126,000 young people are to get access to £2,600 and i News that ministers admit the Government has been 'slow to find a solution'.
- 09:53Manchester Evening News Andy Burnham government announces major savings change set to impact 126,000 young adults
- 08:37Wales Online New rule means up to 126,000 young people to get access to £2,600
- 08:31The Independent Thousands of young people to get easier access to savings under Government plans
- 08:31Evening Standard Thousands of young people to get easier access to savings under Government plans
- 01:00i News Thousands of disabled young adults to unlock £2,600 in Child Trust Fund savings