SME owners risk private pensions by tapping them to fund investment

But while investing your retirement pot may be the solution for some, many advisers warn it could expose entrepreneurs to huge risks, the Daily  Mail reports. The latest Bank of England figures show that net lending to non-financial firms fell £700 m in May and many are looking for other sources for investment. Bristol-based adviser Clifton Asset Management says it has helped more than 2,500 small firms release funds of about £250m from their pensions to back their companies, up from 1,200 in 2012. Pension funding works by using your pension to buy an asset from your business, such...