But the higher the amount of the Baby Bond
goes, the greater the cost for the federal government.
The baby bond
or service bond idea has been operating in this way in Great Britain on a modest scale since 2003; even if we just copied that model, it would be a way to get equity spread around to more young people who can put it to productive use.
CHILDREN in care will have their 'baby bond
' savings accounts topped up by local authorities under plans backed by AMs yesterday.
2001: The Government announced plans to give every baby pounds 500 in a baby bond
, which could be worth pounds 3,000 by the time they were 18.
Like many mums, Sam Preen didn't know what to think of her child's 'baby bond
' when it arrived in the post.
Mr Brown will also announce increased tax breaks for families with children and highlight the "baby bond
" scheme which will give families a nest egg of around pounds 500 at the birth of a baby.
I FIND it rather hypocritical of Labour to unveil the Baby Bond
scheme as a means to create a meritocratic society.
Take-up of Gordon Brown's flagship baby bond
scheme is lower in low-income areas and in Wales as a whole than in the affluent south-east of England, Treasury figures released last night show.
Mr Cooper, of Gwespyr, near Holywell, said the body only made public its proposal about a baby bond
I'm not even sure what we get, but I know it's fairly miniscule and the pounds 250 baby bond
we've been promised hasn't materialised yet.
n MAIN options include bank or building society savings accounts or a National Savings baby bond
. If you want to invest in the stockmarket, try a unit trust.
I THINK the idea of the Baby Bond
is good in that it will help young people when they are becoming independent, which is a difficult time.