lockout

Government refuses to back proposals to try and fix Child Trust Fund lockout

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Setback for attempts to make it easier for parents of disabled children to access locked trust fund cash as government refuses to back proposals Peers put forward a plan which would not require parents to go to court   It would have given legal backing to proposals which cut forms and costs The current lockout could … Read more

Tory and Labour peers put forward plan to fix Child Trust Fund lockout

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An industry-devised workaround to allow the parents of disabled children access to otherwise-locked Child Trust Fund and Junior Isa savings without having to go to court could be given legal backing under proposals put forward by peers. Former Tory cabinet minister Lord Young and Labour’s Lord Blunkett have proposed an amendment to the Financial Services … Read more