Property News · September 16, 2016

FCA chief cautions over relying on property to fund retirement


Andrew Bailey defends pension saving as key part of preparing for old age, countering comments by Bank of England economistBritain’s top financial regulator has launched a staunch defence of pension saving as a key part of preparing for old age, countering comments by the Bank of England’s chief economist that the best bet for a comfortable retirement is to invest in property.Andrew Bailey, chief executive of the Financial Conduct Authority, said workers should avoid putting all their eggs in one basket and should not rely on property to fund their retirement. Continue reading…

Source : theguardian.com
Read more…FCA chief cautions over relying on property to fund retirement

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