Pension-for-house deposit idea 'half baked' - Altmann

The pension commentator said it would be better to introduce incentives for young people to save themselves - such as allowing cash ISAs up to the full annual tax allowance. She added the Liberal Democrats current plan needed much more detail. She said: "Most people don't have enough in their pension fund anyway - and what if they have more than one child? Of course, most people simply don't have enough money in their pension fund to make this a viable proposition. "The average defined contribution pension fund is worth around £30,000, which delivers very little pension income in reti...