Savings Accounts and Health in Pregnancy Grant Bill

Part of Parliament (Amendment) – in the House of Commons at 7:01 pm on 26th October 2010.

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Photo of Kate Green Kate Green Labour, Stretford and Urmston 7:01 pm, 26th October 2010

It is important to clarify this point. I did not say that they did not reach the poorest. I said that it was difficult for the poorest to participate in the savings element. However, as my hon. Friend Catherine McKinnell just pointed out, with an ISA product there would not be any element of asset building for the very poorest, because they would be unable to save for themselves.