A substantial proportion of UK top end advisers believe up to 25% of their clients are likely to include residential property in a Self invested persoanl pension (Sipp), according to new research released by Winterthur Life.
Mike Morrison, pensions strategy manager, at Winterthur Life, says the findings are significant, as they suggest in spite of a sluggish housing market, it looks as though the momentum for property will continue through to A-Day and beyond. “The current low levels of interest rates, low unemployment and demand for housing will, I am sure, continue to underpin property as a viable long-term investment vehicle. Add to this the capital gains, income and inheritance tax benefits and its attraction is even clearer,” he says. But Morrison also urges investors to be cautious: “While residentia...
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