Advisers shun SIPP commercial property options

Providers blame the current downturn in commercial property, but warn advisers to ensure they choose a SIPP which is ready to take advantage of the sector's resurgence. Defaqto's latest SIPP report exposed a number of key trends in how IFAs are searching for SIPPs using its research tools. One of the most noticeable developments was a greatly reduced appetite for property investment facilities, with pooled property, commercial property, solicitor options and annual property admin fees all seeing a major decrease in use as sifting criteria by IFAs. Rupert Curtis, managing director o...