IFAs predict property flow into Sipps post A-Day

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...