Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20Pensions and Small Business – Ticking Time Bomb or Hidden Treasure? | 8 The ratio of prices-to-incomes is close to the all-time high reached before the financial crisis in 2008. Then the average house price in the UK fell to £155,000 in 2009, from its previous peak of £190,000 just prior to the crisis in 2007 (ONS). “There seems to be a huge over-reliance on the increasing value of their residential property,” says Tavener. “But a reliance on a single asset class would appear very high risk.” ISAs, stock, shares and other savings products are also popular options. But, again, they must be considered as part of a broad portfolio, and are risky to rely on. The average stocks & shares ISA has reportedly failed to deliver positive growth in seven of the 17 tax years since its introduction, although many have provided an above-inflation return. 63% Business owners that believe their investment in residential property will help fund their retirement. FORUM