Jun 20 2008
Alliance Trust is aiming to outline the options available to pre-retired Britons over the issue of putting their property assets into a self-invested personal pension (Sipp).
The financial services firm is convinced that for certain people the tax breaks on offer through Sipps make them the right place to put property assets.
This could be particularly true for anyone who owns or part owns their workplace, explains Steve Latto, an expert on saving for retirement at Alliance Trust.
In order to address the various issues more closely, the company has made a variety of resources available to advisers with the aim of helping them understand the benefits and disadvantages to investing property in Sipps.
"Fads for investing in commercial property come and go with market fluctuations," said Mr Latto.
"However, investing in a pension is a long term decision and advisers should always consider the longer term trends for property."
Earlier this week, Alliance Trust reported that rising inflation is having a particularly acute impact on people aged over 75 across the UK.
