Property investments dominate pension plans

Significantly, only just over one in ten considered pensions alone to be the most effective way of saving for retirement, while more than half saw property as an important part of their retirement plans. Mark Duke, principal consultant, Towers Perrin, said: "Employees see investment in property as a key part of their financial planning for retirement, through trading down, equity release, or selling a second property. A traditional pension alone is, quite rightly, no longer seen as enough." He cautioned against an over reliance on the property market, however, describing it as "risky", ...