The global financial crisis has prompted criticisms of policies such as Labour's Child Trust Fund, and the impending general election raises the question of what the other main parties would do with asset-based welfare. Rajiv Prabhakar examines the likely outcomes Copyright (c) 2009 The Author....

One way the previous UK government tried to tackle declining youth financial capability was through its Child Trust Fund (CTF) policy. However, there were allegations that it created pliant subjects for financial markets and that it was paving the way to phase out services previously provided by...

The UK has recently seen the introduction of the Child Trust Fund (CTF). All babies born from September 2002 receive either a £250 or £500 endowment from government, with children from low-income families qualifying for the higher endowment. Parents are crucial for this policy. They are...