Houses will not replace pensions - B&CE survey

The Government's call for more people to save towards their retirement to avoid a pension crisis, has left many believing that many people in the UK would use their property as equity to fund their retirement. According to research by financial services group B&CE,45% of those questioned said they did not foresee using any equity from their property towards their retirement, although 20% added they might use a small portion of the value in their home. Contrasting concerns about the shift in favour of property over pensions, the B&CE survey suggests only one in five people expect to r...