Steve Latto looks at the main points you need to be aware of when advising a client on the process for making an unquoted investment within a SIPP
Since April 2006, SIPPs have been able to invest in the shares of unquoted companies as well as the more traditional quoted investments. This investment option has proved to be attractive to those wanting to take advantage of this greater flexibility. Many SIPP providers do not permit investment in unquoted companies as a result of potential complexities. But with a little guidance from the SIPP provider, there is no need for investing in unquoted shares to be complex. A SIPP can purchase unquoted shares via a new share issue or by purchasing shares that have already been issued from a...
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