Over the next few months, Britain's two million children born on or after 1 September 2002 will receive a voucher worth at least 250 to invest in a Child Trust Fund (CTF). An additional 250 payment will be made to children from lower income families.
The vouchers can be used to open a savings account with one of 75 official providers and distributors named by Mr Brown and children's minister Margaret Hodge. Providers who have signed up to offer the funds include Abbey National PEP & ISA Managers, Britannia Building Society and Nat West.
Boots the Chemist, Barclays Bank, Lloyds TSB and Mothercare are among the 46 distributors.
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