Britons are keen to invest for their retirement in an accessible form, it has been claimed.

Ian Naismith, head of pensions market development at Scottish Widows, notes that many pension products do not provide an income until retirement.

But by using income to build up equity in property, he observes that consumers could retain access to the funds should they be required.

This could be in the form of secured home loans, which can provide funds for a variety of purposes.

"People may not like their money to be tied up these days - in a pension scheme you cannot get at it," Mr Naismith comments.

"Some people may be thinking, 'I may get more from property over the long term'."

Alternatively, Britons who reach retirement and find their pension is insufficient to support their desired standard of living could turn to secured home loans to top up their income.ADNFCR-1287-ID-18375830-ADNFCR

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