Disabled Children Get Extra Child Trust Fund - Could This Be Spent Better?

In the budget in April, the chancellor Alistair Darlingwould argue that the government are taking the easy
announced that children with a disability will get anway out by throwing money at the problem without
extra £100 per year towards their Child Trustthinking of schemes that benefit those in need.
Fund. This will be £200 per year for thoseGiving a flat rate of £100 a year for most
children with a severe disability.disabled children and £200 for severely disabled
The Child Trust Fund began in 2005, and is a schememay also be misusing the money. It is not focussing on
whereby the government give parents of each newmethods of improving the assistance disabled children
born child a £250 voucher to invest on behalf ofget, but just giving each individual child an equal amount
the child. Family and friends can add an extra(although there are two categories). Surely there are
£1200 per year towards the fund, and an extramore than two levels of disability, and therefore each
£250 is added by the government when a childchild should be helped on a more individual basis. There
turns seven. The child cannot touch the Child Trustare, of course, other schemes that are used to help
Fund, until their eighteenth birthday, when they can dodisabled children, but more money spent in these areas
with it as they please. The Child Trust Fund is designedmay have been a more useful option than spending it
to give young adults a head start in life.on the Child Trust Fund. The needs of the disabled are
With the extra amount for disabled children, it meansabout services and facilities, and not just about pure
that an extra £2,900 would have been investedmoney. These services and facilities cost money, and
on behalf of a disabled child by the time he/she hasthis is where it should be going. Once eighteen the
turned eighteen. This will be £5,800 for severelymoney can be used however the beneficiary wishes,
disabled children. If it has been invested well it could beso may not be used to help them with their disability
significantly higher by that time.anyway.
This is obviously good news for a disabled child onceThe one advantage of this money being put towards
he/she turns eighteen. It could be questioned though,the Child Trust Fund is that it will be worth more when
whether this is the best use of the money. Those withit comes to the child using the money. £100
disabilities need extra help, but there may be betterspent now is only £100, while the accumulation
ways of helping them. A child with a disability needsof all this money plus interest over many years could
more help now, and not being able to touch the moneybe significantly more.
until they are eighteen will not solve that problem. Many