Sipps popularity is less about residential property

A survey conducted by life company Skandia, questioning 200 financial advisers, finds seven in ten respondents will only consider residential property as a suitable asset class within Sipps for a select group of clients, while only 7% believe it would be suitable for the ‘vast majority’ of clients, with 13% believing it will suit ‘many clients’. Skandia finds further A-Day changes are likely to increase the popularity of Sipps, with almost all (94%) of respondents believing ‘flexible retirement’ options including those under unsecured pension and alternatively secured pension arrangement...