No. Part of the parents allowance would move to the childrens.
I have an inheritance that is set a side for my retirement.
Don’t need to worry about pensions.
So you're OK so sod everyone else ? Obviously I'm assuming here, but it's a tad hypocritical to punish those with children when you will be OK in retirement exactly because your parents had you.
Maybe take it a step further - people who cohabit, either married or not, only get one persons allowance ?