Starting a private pension - when is 'too late'..?

Terron

atush wrote: »

Witht he rise in costs going forwards, and the restriction on what is allowed for deductibles re tax in future- means it wont be as good going forwards.

Possibly not as good, but still potentially better than a pension or ISA if you invest in the right properties and they are managed well.. I get over 7% net from rents, Capital gains are a bonus and are good currently. The tax changes don't currently affect me as I am not a higher rate taxpayer.

Of course you can do both - invest in properties using a ltd company and pay yourself a directors pension. Tax free up to the limit on what you can contribute to a pension.