The UK 's small business owners have unrealistic expectations of their pension funds , according to a report by the Forum of Private Business and Clifton Asset Management . The report found that over half of Forum business owners expect a pension pot of under £ 500,000 ( $ 624,400 ) to fund their retirements . Furthermore , 45 % of business owners also expect that they will outlive their plans for retirement , while 40 % expect to sell their businesses to finance their retirement . Owners risk viewing their businesses as pensions and " do n’t realise how their pensions can actively contribute " to business growth , said Peter Seed , business funding specialist and head of PDS Accountancy .
The UK's small business owners have unrealistic expectations of their pension funds, according to a report by the Forum of Private Business and Clifton Asset Management. The survey found that over half of Forum business owners expect a pension pot of under £500,000 ($624,400) to fund their retirements. Furthermore, 45% of business owners polled fear that they will outlive their funds for retirement, while 59% expect to sell their businesses to finance their retirement. Owners risk viewing their businesses as pensions and "don’t realise how their pensions can actively contribute" to business growth, said Peter Seed, business funding specialist and head of PDS Accountancy.