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

DWP consults on new red flag to address emerging SSAS transfer concerns

DWP consults on new red flag to address emerging SSAS transfer concerns

Minister says SSASs may be more vulnerable to the potential for fraudulent misuse

Jonathan Stapleton
clock 09 June 2026 • 2 min read
Why pension transfers remain stuck in the slow lane

Why pension transfers remain stuck in the slow lane

'Some providers complete transfers in as little as five days on average, others take up to 90'

Lisa Picardo
clock 08 June 2026 • 5 min read
Nearly half of pension transfer scam alerts for unknown reasons

Nearly half of pension transfer scam alerts for unknown reasons

Some 35% of flagged cases related to ‘overseas investments’

Sophia Panayi
clock 08 June 2026 • 2 min read