UK top property destination for IFAs

The figures show 38% of advisers recommend the UK for property investment. Just fewer than 30% of advisers favour the US while 22% prefer Europe and only 5% recommend other regions. The research also shows 43% of advisers now have the appropriate FSA permission to advise on REITs, up 4% since February. A further 12% are considering extending their permissions. More than 90% of advisers are most likely to use OEIC or UT property funds for collective investments with just less than a half choosing life and pension funds. Patrick Sumner, head of property equities, Henderson Global Investo...