Webb: 'pensions for mortgages' workable by Easter

First mooted by Deputy Prime Minister Nick Clegg over the weekend, the plans, under which parents could use a portion of their pension savings to help their children get on the property ladder, have attracted a volley of criticism from the industry. However, speaking to the Financial Times, Webb insisted the idea was workable and could be in place by April. He said the idea was not about early access to pensions and suggested mortgage lenders would be particularly interested in people who are not far away from scheme pension age. "We looked at that [as an option] and we rejected th...