When assessing the options on using residential property as a means for retirement, a pensions expert has cautioned ‘there are two ways to skin a cat'.
Stewart Ritchie, director of pensions development at Scottish Equitable, says the topic's currency is flying high because of the number of property programs currently broadcasted on television. Speaking at the SOFA conference in Birmingham, Ritchie has weighed up the various options faced by people wanting to put their residential property into a pension wrapper. He says primary consideration should be given to decisions on whether such investments chould be done through direct or pooled means. Direct meaning that your own pension fund will buy a property in the same way that an ind...
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