A QUARTER of IFAs are still not properly informed about UK REITs, raising concerns they will be ill-equipped when the products are introduced in the UK in January.
A recent survey by Reita (The REITs and Quoted Property Group) showed a growing appetite for UK REITs among advisers with 44pc set to include UK REITs in clients’ portfolios. However, IFA Kim North, who works with Reita, said while 76pc of IFAs felt they were well-informed about REITs, she was concerned just over a month before REITs are introduced, many were still unfamiliar. North said: “What worries me is the 24pc that aren’t well informed. "The numbers are going up and the research we are doing says IFAs’ knowledge of REITs is increasing but come January, investors will have se...
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