Banks photograph

Banks

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Gender Male
Age 36
Date of birth June 16,1988
Zodiac sign Gemini
Born Los Angeles
California
United States
NationalityAmerican
GenresTrip Hop
Indie Pop
Avant-pop
Electronic Music
Electropop
Hip Hop Music
Trap Music
Pop Music
Rhythm And Blues
Indie Rock
Alternative Rock
Alternative R&B
Pop
Official site hernameisbanks.com
Listen artist www.youtube.com
LabelsIamsound
InstrumentsVocals
Keyboard
Synthesizer
Associ actThe Weeknd; Lil Silva; Totally Enormous Extinct Dinosaurs; Chet Faker
Skos genreAlternative/Indie
SongsSongsGemini FeedThe Altar · 2016 Waiting GameGoddess · 2014 The DevilSerpentina · 2022 View 25+ more
ListGemini FeedThe Altar · 2016
Albums Goddess
Record labels Harvest Records
Iamsound
AWAL
Capitol Records
Full nameJillian Rose Banks
Date of Reg.
Date of Upd.
ID2312417
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Banks Life story


Jillian Rose Banks, known mononymously as Banks, is an American singer and songwriter. Following the release of two extended plays, Fall Over and London, in 2013, Banks released her debut album, Goddess, in 2014 to positive reviews from contemporary music critics.

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Child Trust Funds: Nearly a million accounts not accessed

May 2,2023 4:51 pm

By Ruth CleggBBC News

Nearly A Million Young People have yet to claim their Child Trust Funds, MPs have warned.

The Public Accounts Committee estimates that More Than £1. 7bn is sitting in accounts waiting to be accessed.

It says " failure in long term planning" by HMRC means 42% of eligible 18-20 Year olds have not drawn on their savings.

A HMRC spokesperson said they had notified Young People before their account matured.

The Chair of The Public Accounts Committee (PAC), Dame Meg Hillier , said that while these accounts were a vital " financial jump start" to adulthood, the scheme So Far had not achieved that ambition.

Under the Labour Government, any child born between 2002 and 2011 was eligible to receive at least £250 in a savings pot, which they could access as soon as they turned 18.

An average account contains £1,900.

However, according to MPs, poor planning by HMRC, a lack of engagement with account holders and barriers accessing savings meant that many from low-income backgrounds were missing out.

Children who lack capacity were particularly affected, with an estimated 80,000 having to rely on their families to go through a lengthy, often costly court process to access their savings.

Harry Kaur is one of those 80,000. His mum has saved More Than £7,000 in his savings account - assuming he would be able to access it like his older brother.

But , she's been told the only way 16-Year -old Harry, who has Down Syndrome and a love of Bollywood dancing, can access his money is if she goes through The Court of Protection.

" I don't know what to do to be honest, The Money will mean so much to Harry - But at the same time the bureaucracy, cost, and overall impact of the legal implications is huge.

" I saved for my son, like I did for his brother, the whole system is wrong if it deprives Harry of what is rightfully his. "

The Committee also found that Trust Fund providers were not only failing to keep customers informed; they were also charging fees - up to £100m a Year - just to passively manage the accounts.

More Than 800,000 accounts belong to people from low-income backgrounds - prompting concern that those who need The Money The Most were not able to access it.

The Committee said that HMRC and Trust Fund providers - Such as buildings societies and Banks - Must do more to ensure that Young People are aware of their savings and provide support to help them access their money.

A spokesperson for HMRC said that every 16-Year -old was sent information about finding their Child Trust Fund with their National Insurance letter and that they regularly kept account holders up to date But anyone " unsure" about their situation should also contact their bank or building society.

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Source of news: bbc.com

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