Under George Osbourne's pension reforms
pensioners will shortly be able to use their pension pots to invest in the
buy-to-let market rather than investing in more traditional investment
funds.
I suspect some will have a good holiday, or
buy a Ferrari but research carried out by Direct Line for Business report that
1 in 3 people aged between 45 to 64 with a pension are considering using their
pot of money to invest in this new opportunity available to them, as they believe
it offers more security in the long run with a good monthly income. 17% are also attracted by the capital
appreciation property achieves over time.
9% of those surveyed found buy-to-let appealing as something that can be
left to their children.
