Is the increased flexibility in how retirees can take their pension leading to more interest in property? Fiona Murphy finds out.
The changes introduced in the Budget ushered in a greater range of pension flexibility. In my previous feature "A NISA Retirement" (Retirement Planner, May 2014), I focused on how the New ISA would be used as a vehicle by many retirees to complement pension planning. While previously retirees sought alternatives, it is clear this appetite has been fuelled by the government's pension rule changes. As Retirement Adviser director Nick Flynn says: "We are finding increasingly that people are having more interesting ideas on what to do with their pension. "Traditionally, these people wo...
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