The recession has skittled the plans of a lot of people. A sizeable part of the population now believe they no longer have the chance of a decent retirement and have nearly given up on investing for the future....

A growing number of older people are finding themselves struggling to pay their children’s mortgages. And the problem is set to worsen as banks encourage families to collaborate financially to circumvent tightened lending criteria....

Assets must be in a trust for a period before they are fully protected from asset testing and creditors. ...