Top Tips for Top Ups
Article
This document forms the ippr response to the Treasury's consultations on additional payments to
Child Trust Funds. A consultation launched on 2 December 2004 asked for views on the correct size
and ratio of progressivity of top-ups at age seven. A consultation launched on 16 March 2005 asked
the same questions for top-ups at secondary-school age, and asked at what age payments
should be given.
To answer these questions about top-ups, we return to the original objectives of the CTF - promoting a savings habit, and providing independence, opportunities, and security - and consider how top-ups could contribute to these objectives. We also consider how top-ups could help promote active citizenship, which is an explicit government objective, and reduce wealth inequality, which is important for achieving other government goals. Dominic Maxwell and Sonia Sodha
Related items
Dr Parth Patel on BBC Politics Live - July 2024
IPPR's Dr Parth Patel on BBC Politics Live discussing the new Labour government, Covid, migration and international affairsA ‘mandate’ to deliver: Who voted Labour and what do they want?
This year’s general election saw the Labour party achieve a historic landslide, winning 218 new seats and a comfortable majority in the House of Commons.Half of us: Turnout patterns at the 2024 general election
One-half of adults in this country voted at the 2024 general election, the lowest share of the population to vote since universal suffrage.