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Is property better than a pension for your retirement nest egg?

John Greenwood The Telegraph
Is property better than a pension? Photo: HOWARD McWILLIAM

Is property better than a pension? Photo: HOWARD McWILLIAM


Britons are turning their backs on pensions in record numbers even though the main alternatives – Isas and buy-to-let – lack the generous tax relief that pension contributions attract.



Britons are turning their backs on pensions in record numbers even though the main alternatives – Isas and buy-to-let – lack the generous tax relief that pension contributions attract.

Pension saving has fallen to its lowest level for a decade, with just 38pc of people putting money into plans in 2009/10, compared to 46pc 10 years earlier, according to the Department for Work and Pensions.

With stock markets subjecting investors to stomach-churning volatility, poor returns on most asset classes and a steady decline in annuity rates, it is perhaps no surprise that fewer people are saving in pensions.

Residential property valuations may have been struggling since the financial crisis, but, despite this, buy-to-let has still managed to fare better than many other asset classes over the past decade.


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