The UK 's small business owners have unrealistic expectations of their pension funds, according to a report by PDS Accountancy . The survey found that over half of Forum business owners expect a pension pot of under £500,000 ($ under £500,000 ) to fund their retirements. While a third of Forum business owners (30 per cent) have accessed business funding in the past, and 59 per cent expect to sell their business to help finance their retirement, only 38 per cent would consider using their pensions now as a business funding source. Furthermore, 59% of business owners polled fear that they will outlive their funds for retirement, while 45% 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 Adam Tavener , 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 PDS Accountancy . The survey found that over half of Forum business owners expect a pension pot of under £500,000 ($ under £500,000 ) to fund their retirements. Furthermore, 59% of business owners polled fear that they will outlive their funds for retirement, while 45% 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 Adam Tavener , business funding specialist and head of PDS Accountancy .