Alliance Trust Savings has launched a webcast and bulletin for advisers, highlighting pros and cons they should consider when advising on investing in shares of unquoted companies in a SIPP.
The factsheet and webcast also detail the process involved in making this type of investment in a SIPP as well as taxation issues including avoiding charges on taxable property. Steve Latto, pensions development manager, says: “Investing in unquoted shares can be ideal for those with a large pension fund who have an appetite for risk and are looking for an investment that has significant growth potential.” Latto believes they can also be a good investment opportunity for employees, allowing them to access the tax advantages that come with a pension. “If an adviser's client already inv...
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