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Relying on property 'a risky pension strategy' - 22/01/2008


Prospective pension collectors have been warned that relying on property as their main source of retirement income is risky.

According to Baring Asset Management, it is important that workers begin planning their retirement funding options early as life expectancy is higher and good workplace pension schemes growing scarce.

Rob Lay, head of European sales with the organisation, said that there is a "worrying trend" of Britons failing to take their future into their own hands.

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