Novia offers first commercial property SIPP

clock

Novia is to allow commercial property onto the wrap for the first time, in a bid to compete with specialist self-invested personal pensions (SIPPs).

The platform has partnered with Attivo Asset Management, who will operate as the appointed fund manager. Sales and marketing director Paul Boston (pictured) said the market was increasingly moving from off-platform SIPP providers. "This new initiative reflects a real shift in the marketplace from traditional SIPP providers to using wrap platform technology, which provides access to a broader range of sectors," he said. "In view of the impact of continuing low interest rates, lower property prices and SIPPs becoming increasingly popular as the most tax efficient and attractive retir...

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 Wrap/platforms

Platforms told to 'clean up their data' as transfer charter approaches

Platforms told to 'clean up their data' as transfer charter approaches

The Platforms Association to launch charter later this month

Isabel Baxter
clock 09 June 2026 • 4 min read
Vanguard UK Platform Awards – Advisers, cast your votes

Vanguard UK Platform Awards – Advisers, cast your votes

Voting open across several categories

Clive Waller
clock 08 June 2026 • 1 min read
Aviva platform net flows up 24% in Q1 to £1.6bn in 'buoyant market'

Aviva platform net flows up 24% in Q1 to £1.6bn in 'buoyant market'

Provider’s trading update for Q1

Jenna Brown
clock 14 May 2026 • 2 min read