Pensioners suffer 'loss of faith' in property

Research suggests only a third of people believe their property would be a top contributor to their final pension pot. This compares with 43% last year. However, faith in company pension schemes has risen from 36% to 40% in 2008, Alliance Trust says, bouncing back to 2006 levels. The personal pension continues to be increasingly relied upon, reaching 31% this year from 28% in 2007 and 26% in 2006. The research also revealed approximately a fifth of people were hoping for an inheritance or windfall to boost their pension pot. While 9% expect a stockmarket investment to contribute income i...