Cheers for the responses,
I'm not looking for tax relief just looking for the best type of pension plan. I am planning on keeping the houses and using the monthly rent as part of my pension just looking for the best type of pension as I don't really know much about them and I don't really trust them.
I'm in the merchant navy so I'm not tax resident in any country so would I be tax free on this until I go resident again? or does it get too complicated?
Basically I'm looking for another source of retirement income (trying to create specific pension income for retirement) thats not going to go belly up when I go to retire. (i know nothing is guaranteed) but I was looking for advice for what the best option is.
The reason I don't trust pensions is I've quite a few colleagues have to work longer than expected to supplement their pensions after paying in for 40 years in one case. I still assume you can lose your entire investment in a pension unlike a bank account which is covered (or was) by the state?
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