Question

Asked by Bambos Charalambous to Treasury on 03 November 2026 — tabled under the Andy Burnham government

11. What estimate he has made of the number of child trust funds received by intended beneficiaries.

Answer

Answered by Lucy Rigby (Labour)

The last Labour Government introduced child trust funds with the intention that every child in the country could access a financial asset as they entered adulthood. Almost 3 million young people have already accessed their funds, currently containing an average of £2,600 each. Today, we are announcing that we are making fund access simpler for those who lack mental capacity, meaning that tens of thousands more young people will benefit from their funds. I thank my hon. Friend for his campaigning alongside my hon. Friend the Member for Hyndburn (Sarah Smith) in particular; I know they both care deeply about this issue.
14% vibes

Verdict: AMBER (45/100)

The reply gives a concrete figure: almost 3 million young people have already accessed their funds. That is a useful proxy for the question, but it does not state the total amount received or how many people are still to claim, so only part of what was asked is answered. A questioner would likely need to ask again for the missing details.

How we got there

Question itemCoverageSpecificityRationale
What is the department's estimate of the number of child trust funds received by their intended beneficiaries? Partially Addressed Direct The reply gives a concrete figure, that almost 3 million young people have already accessed their funds, which is the closest available proxy for funds received by beneficiaries. It does not frame this as an estimate of the total received, nor say how many remain outstanding, so the answer is only partly responsive to the literal request.

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