Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what the total cost has been of the child trust fund initiative.

Details of the value of Child Trust Fund vouchers issued to children born between 1 September 2002 and 2 January 2011 can be found at Table 2 of HM Revenue and Customs’ Child Trust Fund Statistical Report: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/255886/statistical-report.pdf

A breakdown of the annual cost of Child Trust Fund government payments is provided at Table 6 of the same document.

The Statistical Report shows that there were approximately 6.1m Child Trust Fund accounts at 5 April 2012.