My son was anti-pension, until...

"I was recently talking to my son who, at the tender age of 25, is a director of his own business. He has never seen the point of pensions and had previously told me he would never have one. "What was the point? It would not be possible to access it until the age of 55 and only then withdraw a maximum of 25%, and there would need to be a considerable amount remaining to provide a decent pension. "He had decided that the best plan for the future would be to purchase residential properties and the rental income that they provided would be more than enough to provide him with an income i...