Carer's Allowance and Child Trust Funds
The DWP will continue to collect Carer's Allowance overpayments whilst a high profile review takes place and how a Child Trust Fund was almost wiped out by high charges.
It was a big week for carers as the Government announced an independent review into Carer's Allowance overpayments after families were told to pay back thousands of pounds, often pushing them into debt.
The review will look at what happened, but in the meantime the Department for Work and Pensions has told Money Box it will continue to collect almost quarter of a billion pounds it says it's owed from more than a hundred thousand carers. We hear from Karina who cares for her 22-year-old daughter and ended up in 拢11,000 worth of debt. The DWP said it is committed to working with anyone struggling with repayment terms.
A major investment firm has said it will review its Child Trust Fund accounts after Money Box revealed one young man's 拢250 investment had all but disappeared when he claimed it at 18 due to high administration charges.
In the run up to the Chancellor's budget we look at fuel duty and whether the 5p cut could be scrapped.
And beware the thieves pretending to offer a solution to lost Winter Fuel Payments.
Presenter: Paul Lewis
Reporters: Dan Whitworth and Emma Smith
Researcher: Jo Krasner
Editor: Sarah Rogers
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- Sat 19 Oct 2024 12:04麻豆社 Radio 4
- Sun 20 Oct 2024 21:00麻豆社 Radio 4
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Money Box
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