Under performing Pensions:

Why is it that so many people are turning to property as a pension alternative?

Most people are 'frustrated and worried' about their pension plans and research has shown that pensions are not performing for the following reasons:

• A lack of management
• Undue risk
• Inflated administration charges
• Reduced final pensions payable
• Companies spending your money

Events such as the Maxwell scandal, pension mis-sellings and the collapse of Equitable Life have seriously dented people's confidence in pension schemes, and rightly so, in our opinion.

Most people are, without realising it, wasting their money and ending up with a lack of safety and security; resulting in the daunting prospect of retiring much later in life or not having enough to live on through retirement.

Property is an excellent alternative:

• Property is something that we as people will always need like we need food and water: demand will be a constant.
• Property has, through history, doubled every 7-10 years
• Unlike shares, property is a tangible asset that you can control
• Property utilises leverage with other people earning you money
• Property earns you income you do not have to work for
• You can compound earnings in property to build a significant portfolio
• Portfolio can service your long term retirement and financial independence

For more information click Why Property?

To see how you can secure your financial future click Progressive Service