In this type of pension scheme, the amount of money you will have in your retirement fund depends on the amount of money you (or your employer) put in, where the money was invested and how much it grows. It’s also known as a money purchase scheme.
Many regard investing in property as a one-way street. Rents go up and house prices rise even faster. A buy-to-let property can be a great investment, but there really are no guarantees....read more from our Pension Myths Explained.