Emmerson, C. and Wakefield, M. (2001) The Saving Gateway and the Child Trust Fund: Is asset-based welfare 'well fair'? (IFS Commentaries C085 ). Institute for Fiscal Studies: London, UK.
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The 2001 Labour Party manifesto committed the government to introducing a 'Child Trust Fund' and a 'Saving Gateway' in the current parliament. This Commentary assesses these two policy proposals. It looks for possible rationales behind the government's plans for some form of asset-based welfare. It provides a discussion of many of the issues important to the design of the Child Trust Fund and the Saving Gateway. It also presents new evidence on the characteristics, incomes and savings of lower-income groups who might be eligible for the Saving Gateway.
|Title:||The Saving Gateway and the Child Trust Fund: Is asset-based welfare 'well fair'?|
|Open access status:||An open access version is available from UCL Discovery|
|UCL classification:||UCL > School of Arts and Social Sciences > Faculty of Social and Historical Sciences > Economics|
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