A property investment held outside of a pension arrangement is an example of which pillar of provision for retirement?

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Multiple Choice

A property investment held outside of a pension arrangement is an example of which pillar of provision for retirement?

Explanation:
A retirement income plan is often described as coming from three (or four) streams: state provision, employer-based pensions, private savings and investments, and sometimes other sources. A property investment held outside a pension arrangement is a private asset that you own personally and use to fund retirement—through rental income, capital growth, or both. This type of saving falls under the private savings and investments pillar, which is the third pillar. It’s separate from state benefits and from any employer pension, so it sits squarely in pillar three.

A retirement income plan is often described as coming from three (or four) streams: state provision, employer-based pensions, private savings and investments, and sometimes other sources. A property investment held outside a pension arrangement is a private asset that you own personally and use to fund retirement—through rental income, capital growth, or both. This type of saving falls under the private savings and investments pillar, which is the third pillar. It’s separate from state benefits and from any employer pension, so it sits squarely in pillar three.

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