Labour MP for Paisley and Renfrewshire South
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MP encourages parents to use child trust fund vouchers
4072 CHILDREN GET CHILD TRUST FUND VOUCHERS
IN paisley & renfrewshire south
Renfrewshire parents are entitled to a Child Trust Fund voucher worth £250 when they register for child benefit.
The Child Trust fund is an ideal opportunity to provide security for your child as they grow older.
A recent Child Trust Fund report shows that 4072 children in Paisley & Renfrewshire South have received £250 to start saving for their future.
Douglas Alexander MP said “The Labour Government is helping children save for their future through the Child Trust Fund - £250 for children at birth, and an additional £250 at age 7.”
“Already, over 2,000 parents in Paisley & Renfrewshire South are topping up the government investment. Every contribution helps build real savings for children to invest in their aspirations when they reach 18 and I hope that all parents, grandparents, friends and family will contribute if they possibly can.”
The Child Trust Fund was introduced by the Labour Government for all children born in the UK on or after 1 September 2002, with a £250 voucher from the Government to start off each child's account, and a further £250 paid into the account at age 7. Children from lower-income households receive an extra £250 top-up at birth and at age 7.
For more information call 0845 302 1470 or visit www.childtrustfund.gov.uk