“A lot more people now travel in retirement and this opens up an opportunity to potentially rent out their home and draw an income from it in retirement without having to sell the property and can therefore be a great option in the right circumstances,” she said.
“Pensions present an opportunity for long term investing in the stock market in a tax efficient manner and should not be disregarded.
“They are also often an important element of tax planning especially for higher earners.”
She argued that for retirement - as for any long term investment - it was important to diversify, and she hoped to see employers encourage young people not to opt out of pension schemes and to regularly contribute to them, especially in the early years of their career.
sonia.rach@ft.com
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