Deputy Prime Minister Nick Clegg has revealed the government will consider allowing parents and grandparents to use the value of their pensions to help their children buy houses.
A Liberal Democrat spokesperson confirmed the proposals do not include allowing parents access to their pension cash before the age of 55, a scheme that was rejected by the Treasury last year (PP O...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
