The Government says it will tackle high pension charges after a report claimed those saving for retirement could see their nest eggs eroded by huge costs.
Young people struggling to buy their first home will be able to unlock their parents' retirement funds to help secure a mortgage, under controversial plans unveiled by Nick Clegg.
Half a million people will join a workplace pension for the first time by Christmas once employees start being automatically enrolled into schemes, the Government predicts.
A Government scheme aiming to help people with smaller deposits buy a new-build home has been scuppered by lenders' high rates, a major builder said today.
19 September 2012
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