Question

Asked by Sarah Smith to Treasury on 03 November 2026 — tabled under the Andy Burnham government

This change on children’s trust funds is a huge win for the campaigners who have fought for six years to see it. I know that it means a huge deal to my constituents Paula and Andy Gilbert and their son James. What is the timescale for when these families will be able to access their money?

Answer

Answered by Lucy Rigby (Labour)

I am grateful to my hon. Friend for all the work she has done in this area, including with Mr Turner. I will table an amendment to the Financial Services and Markets Bill, the Second Reading of which is next week, which will enable the Ministry of Justice to make regulations to put the change into action.

Verdict: AMBER (35/100)

The reply explains the legal route for families to access the money: an amendment to the Financial Services and Markets Bill, with Ministry of Justice regulations to follow. It does not say when families will actually be able to access their money, which was the timescale the question asked for. The answer is therefore only partly responsive and somewhat hedged, and the person who asked would likely need to ask again for a date.

How we got there

Question itemCoverageSpecificityRationale
What is the timescale for when families affected by the change on children's trust funds will be able to access their money? Partially Addressed Hedged The reply names a legislative route (an amendment to the Financial Services and Markets Bill, with Second Reading next week, enabling Ministry of Justice regulations), but never states when families will actually be able to access their money, so the timescale asked for is not given.

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