A new study from financial advisors PayPlan has revealed a surprising number of single parents in the UK are not receiving Child Maintenance despite being eligible for it.
The study revealed over a fifth of single parents (21.4%) are not receiving any child maintenance support even though they qualify for it, with a further 58.6% of respondents admitting they did not know if they were eligible for a statutory arrangement or not.
The survey contained ten questions, asking single parents all about their experiences with the child maintenance system and their understandings of the process. It found there was a lack of information available to single parents about the options available to them.
Respondents disclosed that the process was “not worth the hassle” with some going far as to say “the process doesn’t work”.
Based on the basic weekly rate of £41 a week which can be claimed for Child Maintenance, single parents could be missing out on £2132 a year.
The survey also found…
– 31.8% admitted the reason for not receiving statutory based support was because the process was too complicated
– 71% of single parents surveyed admitted they were struggling financially
– 73.8% of single parents had little to no knowledge of help available if they were struggling to make child maintenance payments
– 46.4% of men find the process too complicated in comparison to 26.6% of women
– 49.1% of 25 – 34s have a family based arrangement compared to just 26.4% of 45 – 55s
To help simplify the Child Maintenance process, PayPlan have created a resource hub full of useful resources to help single parents navigate the arrangements.
PayPlan Money Advice Consultant, Jane Clack explained more about the survey findings and the actions taken in response by the financial adviser.
“The feedback from our survey clearly shows people are confused about the process of claiming child maintenance. With the public really feeling the pinch in their finances currently, not receiving a benefit you are clearly entitled to is unacceptable, especially for single parents.
“We created our child maintenance hub for this very reason, we want to make the process as simple as possible and ensure the single parents are receiving everything they’re entitled to.”
The resource hub contains three key tools which are designed to educate parents on the different payments available and help navigate them through the process. It includes…
– The Child Maintenance Process – This is a straight forward downloadable guide about how the process works, explaining the details of both family and statutory arrangements.
– Child Maintenance Calculator – A tool to help you decide which arrangement is best suited for your circumstances.
– The Cost of Raising a Child – A fun piece to help understand the costs associated with raising a child.
You can take a look at the resource hub here – http://www.payplan.com/child-maintenance-resource-hub/
PayPlan has spent over 20 years helping people deal with their debts and get on with living their life. Every year, PayPlan offers free comprehensive guidance on a wide range of practical, long term debt solutions to more than 80,000 people.