What a mess! Just as we thought the public was finally talking about pensions, the government does a u-turn and leaves the industry to tell consumers they can't put residential property directly into a self-invested personal pension after all.
After publication of last week's Pension Commission Report and talk of working longer and near-compulsion into pensions, saving for retirement seemed to be firmly on the radar of consumers who need to be thinking about whether or not they would have enough money to live at retirement. There were so many leaks from the government which seemed to quash the implementation of any radical ideas Turner might have, no-one could have anticipated that last little trick Gordon Brown had up his sleeve: blocking the use of property as an investment option inside a sipp. To be fair, parts of the a...
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