Advisers shun SIPP commercial property options

clock

IFAs shunned commercial property facilities when choosing SIPPs during 2008 with their major priority being FSA approval for the products, according to figures from Defaqto.

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...

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 Pensions

 Rachel Vahey: Advisers and clients still need clarity on NMPA increase

Rachel Vahey: Advisers and clients still need clarity on NMPA increase

'HMRC has had years to clear this up but has sat on its hands'

Rachel Vahey
clock 11 March 2026 • 4 min read
Pension freedoms exposed a longevity problem we still refuse to confront

Pension freedoms exposed a longevity problem we still refuse to confront

'The gap between product complexity and consumer understanding is not narrowing'

Julia Fintz
clock 11 March 2026 • 4 min read
Complex Hartley Pensions administration continues amid 'misappropriated funds' investigation

Complex Hartley Pensions administration continues amid 'misappropriated funds' investigation

Administration expected to conclude in 2027

Isabel Baxter
clock 10 March 2026 • 3 min read