It pays to be cautious with Sipp property

pensions

When putting property into a Sipp it will be important to appoint managing agents with the right skills and knowledge to minimise risks and maximise returns

Recent articles in the press have highlighted opportunities for clients to invest their pension funds in wine, classic cars, yachts, racecourses, works of art and holiday homes abroad. But where there is freedom, there is the chance to get into trouble and there are real dangers in choosing the wrong investments, in cavalier approaches to property management and in failing to investigate and monitor the risks. Skilled and qualified advice and management will be absolutely essential to minimise risks and maximise returns. No doubt there will be some who want to venture into these exotic a...