Iain Duncan Smith is expected to announce the formation of an early intervention foundation intended to encourage the City and local authorities to invest up to £10 billion in projects designed to prevent social breakdown.
It follows the recommendations of Labour MP and long-time campaigner Graham Allen who carried out a review of early intervention for the coalition.
More top news
Nick Clegg will attempt to win over the female electorate when he kicks off the Liberal Democrats' general election campaign later today.
Up to £140 billion of savings could be released when over 55-year-olds are allowed to cash in their pension pots from April 6th.
The party's plans include a £2.5 billion Time to Care fund for the NHS, capping rail fare increases and 3,000 more midwives.