Question: My client, against my best wishes, invested in commercial property in their pensions plan. Do the panel advise them to sell before going into Income Drawdown?
Answers: Fiona Tait - Scottish Life The issue with property is one of liquidity. If the client is not intending to take any income, or has enough invested in liquid assets/rental income to support the income they do need, then it may not be necessary to sell the property. The client could then hold on to it until such time as the market is most favourable for a sale. If the client does need ongoing income then a property investment is probably not the best vehicle to provide it. The client would have to make a decision as to which is their priority - their need for income or their ...
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