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Property better than pension

  • August 30, 2016

Property better than pension, says BoE's Haldane

The Bank of England (BoE) chief who said IFAs had ‘no clue’ about pensions has now claimed property is a better bet for retirement than a pension, while he will receive £84,000 a from a defined benefit scheme when he retires.

BoE chief economist Andy Haldane (pictured) told The Sunday Times that property would outperform pension saving so long as the UK continues to build too few houses.

 

Wealth Manager, 30/08/16. To read the full article click here 

 

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