Aug
27

Britons Are Dipping Into Pensions to Help Children Buy Houses

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  • Parents accept lower living standards to make offpring owners
  •  In over 50,000 cases, money for homes backed by pensions

Britain’s baby boomers are sacrificing their retirements to hoist their poorer offspring onto the property ladder.

Nearly one in five over 55-year-olds are accepting lower living standards to help family members to buy a home, according to a Legal & General report on Tuesday…

Britons Are Dipping Into Pensions to Help Children Buy Houses

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Categories : Pension Funds

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