Save Child Savings

Child Trust Fund pledge ‘broken in spirit’

Plan to abolish Child Trust Fund was contrary to Government programme, according to The Guardian's 'Pledge Tracker'

The Guardian politics blog is cataloguing pledges made by the Coalition government when it was formed, and Simon Jeffrey writes that in some cases:

"
The coalition has fulfilled the letter of the pledge, but not kept to the policy that a reasonable person would have inferred from it. (An example is the pledge to reduce the child trust fund for high earners. The entire scheme was scrapped – so, yes, while higher earners did see reductions the burden didn't fall just on them, as the coalition agreement suggested it would.)”

http://www.guardian.co.uk/politics/blog/2010/jul/28/about-pledge-tracker 

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