G
Grind
Guest
My wife has become self-employed in the last two years. While her venture is going well, she hasn't made any pension arrangements.
She's not a big fan of equities-based pensions as she doesn't like the idea of trusting her hard-earned wonga to some anonymus fund manager to whom she would not have any personal contact.
She favours property-related investments on the basis that the asset is tangible and self-managed. However, she's aware of the high-entry costs (stamp duty) and the tax inefficiencies (relative to pensions).
I have a vague recollection of a scheme whereby reguylar pension contributions can be used to buy property which, when paid for, provides an asset that the pension holder can either cash in or draw down from. If I recall correctly, this was only available to those with a fairly high income but I'm not certain.
Does anyone have any information on this type of pension? Thanks in advance.
She's not a big fan of equities-based pensions as she doesn't like the idea of trusting her hard-earned wonga to some anonymus fund manager to whom she would not have any personal contact.
She favours property-related investments on the basis that the asset is tangible and self-managed. However, she's aware of the high-entry costs (stamp duty) and the tax inefficiencies (relative to pensions).
I have a vague recollection of a scheme whereby reguylar pension contributions can be used to buy property which, when paid for, provides an asset that the pension holder can either cash in or draw down from. If I recall correctly, this was only available to those with a fairly high income but I'm not certain.
Does anyone have any information on this type of pension? Thanks in advance.