NOW... 100 per cent pension grab from older people made bankrupt ...
- Duration: 30 minutes First broadcast: Saturday 20 September 2014
Money Box has been told that as the law stands the freedom to take our pensions out from age 55 will be extended to trustees in bankruptcy who will be able to snaffle the lot to pay our creditors should we become insolvent after the age of 52. It will be subject to a few conditions such as making sure we can provide for our family. But whereas the present rules only put a quarter of the fund at risk, from April it could all be. And the Treasury says it will not change the law. Two experts debate the issue.
Kindly Note: An Updated version of this blogpost, will ALWAYS be found on the website E&OE google.com/+JulianBray All Enquiries 01733 345581 >>>> Police 101. Emergency 999. Crimestoppers 0800 555 111. <<<< CLICK ON RSS PANEL BELOW TO SEE ALL LATEST POST UPDATES & LATER BREAKING NEWS ADDITIONS . .