Improvements on the home front

pensions

A number of rule changes post A-Day will affect people's ability to invest in property by means of their Sipps, but some areas still need to be clarified by the Inland Revenue

Although most interest has been concentrated on the investment changes post A-Day, in particular the ability of Sipps to buy residential properties, there will be a number of other changes as well. All of these will have an effect on property acquisition and the property market in relation to Sipps. There will be stresses and strains as the new rules come in and people get to know how to operate them. But some changes will make things better and more people should be encouraged to start saving for their retirement. These are exciting times for everyone involved in the Sipp industry. One ...