Parent’s pensions to help first time buyers, an opportunity missed?

Anyone with an interest in the predicament currently facing first time buyers, who watched the BBC’s Andrew Marr show yesterday, could have been forgiven for thinking they had misheard the Deputy Prime Minister, Nick Clegg, announcing proposals that would allow parents and grandparents to use their pensions to help children and grandchildren get on the housing ladder. Mr Clegg said: “We are going to work out ways in which parents and grandparents who want to help their children and grandchildren buy a property of their own.” He continued: "We are going to allow those parents and grandparents to act as a guarantee, ...

Retirement: Pension industry fights back after Milliband attack

Ed Milliband, leader of the Labour opposition, has launched a stinging attack on the UK pension industry, bringing a furious response from trade bodies and industry experts. In a speech last week Mr Milliband said that the pension industry was the next “massive issue” following banking and phone hacking scandals, citing “rip off” high charges. Are you worried about how much you are paying for your pension? Our advisers can help...