Suffolk Life: Advisers should consider pooled property purchase

clock

Pooled commercial property purchase is a missed opportunity for advisers, according to Suffolk Life research.

A poll of 250 advisers on the use of commercial property for clients within a SIPP revealed 38% have recommended a joint commercial property purchase. In comparison, 70% recommended a SIPP for a sole commercial property purchase. Claire Trott, pension technical manager at Suffolk Life said pooled investments could: "provide advisers with a business opportunity to help local businesses or individuals that previously may have thought they were not in a position to purchase their premises." Suffolk Life has seen an increase in business and family members pooling their funds to purchas...

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

TPO lays out three-year roadmap to tackle rising demand

TPO lays out three-year roadmap to tackle rising demand

The Pensions Ombudsman reveals plan to tackle challenge of demand outstripping capacity

Jonathan Stapleton
clock 31 July 2025 • 3 min read
Andrew Tully: The time is right for far-reaching state pension debate

Andrew Tully: The time is right for far-reaching state pension debate

Essential we get cross-party support to any changes, rather than get involved in any political ping-pong'

Andrew Tully
clock 21 July 2025 • 4 min read
Chancellor 'confident' govt will not need to mandate pension scheme investment

Chancellor 'confident' govt will not need to mandate pension scheme investment

Rachel Reeves confirmed in Mansion House speech pension funds and government ‘are united’

Holly Roach
clock 16 July 2025 • 2 min read