Social Justice Minister Dr Brian Gibbons has announced that children in Wales will be receive a Welsh premium on top the UK government’s Child Trust Fund payment before the end of the financial year.
The Child Trust Fund Cymru will mean that children born between 1 September 2002 and 31 August 2004 who already have a Child Trust Fund account will have £50 paid into their account. Children from families on low incomes will be eligible for £100. More than 64,000 children in Wales will receive claim forms this financial year, with 52,000 being able to claim £50 and 12,000 eligible to claim £100.
Further information is available on the Welsh Assembly Government website.