One of the many significant changes to investments at A-day was the revision to borrowing limits. T...
One of the many significant changes to investments at A-day was the revision to borrowing limits. The maximum that a scheme may borrow is now only 50% of the net assets of the fund. A popular investment by member-directed registered pension schemes, both Ssas and Sipp, is the exempt property unit trust (Eput) but caution is advised as these may fall foul of HMRC. HMRC considers Eputs as acceptable investments but only if strict requirements are met. It is usual that assets are transferred from a scheme into an Eput in return for an allocation of units, which remain as an asset of th...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
