This week, Deputy Prime Minister Nick Clegg said the government would consider allowing parents and grandparents to use the value of their pensions to help their children or grandchildren buy houses.
There is very little detail as to how this would work, but it seems to centre around using lump sums to guarantee a deposit for first-time house buyers - giving banks a call on the money, once the guarantor...
There are now only a few weeks until Professional Pensions' Trustee Senate residential event, which will take place on 3-4 October at the Hanbury Manor Hotel & Spa in Hertfordshire.
Employees will be like “rabbits in the headlights” if they are awakened to their low levels of saving too late in their working lives, it has been warned.
This week’s top stories included The Pensions Regulator launching a prosecution against the director of a professional trustee firm, and the regulator approving five master trusts.
Experts have called on the industry to personalise pension communications and expand auto-enrolment (AE) to all workers ahead of the fifth Pension Awareness Day on Sunday.
This week's edition of Professional Pensions is out now.