Pension from property plan 'not remotely scary' - Webb

The plans, announced at the Lib Dem conference, allude to a scheme in which parents would be able to use their pension commencement lump sum as a guarantee for their children's mortgages in order to overcome sky-high deposits. The plans were widely criticised but Webb said the scheme's risk has been exaggerated by the media, and said the Prime Minister has no opposition to the idea. "I don't think it has been discussed at length [with the PM] but certainly before any conference announcement is made conversations are had, so if the PM was vehemently opposed it might well not have happe...