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.
Financial education should be taught in every further education and sixth form college, a report from the All Party Parliamentary Group (APPG) on Financial Education for Young People says.
Low-income families could be pushed further into financial difficulties and debt by a shift to monthly benefit payments under Iain Duncan Smith's welfare reforms, a think tank warned today.