It has received a great deal of media attention over the last few weeks, both good and bad, but from April next year retirees will have the freedom to spend their pension in one go if they choose to, thanks to new pension reforms being introduced by the Government.
Katie Morley of the Telegraph investigates this week whether it is the right move. Quite simple, retirees will have full freedom over how they invest or spend their pension money. Buy to let is one route, and the telegraph presents a balanced case.
We would urge anybody considering taking control of their pension to look at property investment to speak to us here at Belvoir! Sheffield first ….before you buy. As an independent agent we can guide you through the whole process so you can make a fully informed decision and ensure that you know exactly what kind of investment you are taking on and ensure that you invest in the right type of property for your specific circumstances in Sheffield. We offer a full property investor service and also provide wealth management advice and other services that you will need such as landlord insurance.
Belvoir! Sheffield is the one stop specialist for Sales and Residential Lettings and Property Management, Investment and Wealth Management Advice, Fit-outs and Renovations, Property Insurances and Mortgages. Belvoir! Sheffield was the winner of the Belvoir Franchise of the Year Award for 2013 and is a multi award winning agency.
For more information, please visit Belvoir! Sheffield or call 0114 331 0033. Alternatively, please email rick@belvoirsheffield.co.uk
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http://www.telegraph.co.uk/finance/personalfinance/pensions/11201647/Should-I-cash-in-my-pension-and-invest-in-property.html
