Does David Cameron understand his own pension reforms?

Does David Cameron understand his own pension reformsPensions are complex at the best of times and you could be forgiven for getting confused from time to time. Indeed, one of the reasons many people are ‘turned-off’ by pensions is due to their complexity. But, you would expect the Prime Minister to understand his own pension reforms, especially when he is so keen to promote them. However, his guest blog on Money Saving Expert, published earlier this week, contains clear mistakes, which highlight the importance of getting the detail right when it comes ...

Retirement: Cameron vows to protect the State Pension triple lock

OLYMPUS DIGITAL CAMERADavid Cameron has vowed to protect the value of the State Pension if he returns to power after the general election in May 2015. The so-called ‘triple lock’, introduced by the coalition government, guarantees that the State Pension will rise each year in line with earnings, inflation, measured by the Consumer Prices Index (CPI) or 2.5%, whichever is higher. Speaking on Sunday Mr Cameron has promised to keep the ‘triple lock’ in place until at least 2020 if he is ...

Mortgages: Controversial Help to Buy to launch this week

David Cameron Gives His Keynote Address At The Conservative Party ConferencDavid Cameron has announced that the second phase of the Government’s controversial Help to Buy scheme will be launched this week, three months earlier than originally planned. The Help to Buy scheme was originally announced earlier this year in George Osborne’s Budget and has been launched in two parts. The first phase provided help to buyers of new homes, by giving them access to a shared equity loan of up to 20% of the purchase price, providing they were able to ...

Mortgages: Help to Buy not available for second homes

Four in a row IIThe government has confirmed that its flagship scheme to boost the housing market, Help to Buy, will not be available to people buying a second home or foreign buyers. Help to Buy was announced by the Chancellor, George Osborne, in his Budget speech earlier this year. Launched in two parts, the scheme is designed to help people either buy their first property or move home. However, it has been dogged by controversy, with critics rounding on the scheme ...