AJ Bell confirms Sipp intentions for residential property

clock

Sipp specialist AJ Bell has confirmed its intention to enable UK residential property to be held within its online Sipp offerings, following A-Day on 6 April next year.

The firm claims to it will provide the first online Sipp and managing director, Andy Bell, says the firm is currently working on several unique features, which will be released later in the year along with a pricing menu. In conjunction with the announcement, AJ Bell The document also provides informtaion about the sometimes significant problems associated with owning property overseas through a Sipp. Bell says: “Whilst one or two Sipp administrators have made general statements about allowing investment in overseas property through their Sipps, none as far as I am aware, have come up...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Tyndall Partnerships head Sullivan on bespoke empowerment

Tyndall Partnerships head Sullivan on bespoke empowerment

‘No two IFAs invest in the same suite of models’

Isabel Baxter
clock 09 December 2024 • 4 min read
Smoothed funds set to be a 'bigger asset class for the advice market'

Smoothed funds set to be a 'bigger asset class for the advice market'

‘An attractive low-risk solution for retirees’

Isabel Baxter
clock 25 November 2024 • 3 min read
Advisers no longer see inflation as a major concern

Advisers no longer see inflation as a major concern

Funds offering a level of inflation protection were the last research, Square Mile finds

Isabel Baxter
clock 22 October 2024 • 4 min read