pension & self employed

Hi

Myself (age 38) and my wife ( age 34) have our own business, it is 4 year old, we take a modest wage of 25k each and then expenses on top. The company is starting to make approx 10+ % net profit per year.

i also own 6 investment properties, which has some equity.

But what should we do about pensions, are we going to regret this in the future.

Can anyone give advice what best route to go...

Dingdong - do you have a limited company or are you a sole trader?

If limited company - you may find a self-administered pension of interest.

If you are self-employed, the Standard Life/Irish Life offerings that allow your pension to buy direct property may be of interest - it sounds like you're a property fan anyway!!

Although you probably should look to diversify away from property at this stage, but some people just do not want to hear that...