Source · Select Committees · Public Accounts Committee
Recommendation 23
23
HMRC has not evaluated Child Trust Fund scheme since 2011, despite international interest
Conclusion
HMRC has not published an evaluation of the scheme since 2011. It has not reassessed the scheme now that young adults are claiming their accounts, stating that there is no “particular appetite” for this.35 The Share Foundation described “quite a bit of international interest” in the outcomes of the Child Trust Fund scheme, and told us Bristol University has approached it about conducting survey research into young people who have found their Child Trust Funds through the independent Child Trust Fund register.36
Government Response
A response document is linked to this report, dated 24 September 2023. Response attribution to this conclusion has not been verified. Read the response document ↗