Where do u-turn?

I recall much of the industry being outraged by this u-turn. Not because residential property had been outlawed but by the nature of the u-turn. During the pensions simplification consultation, the industry - despite voicing its reservations - was assured by HMRC that inclusion of such assets in sipps would not be a problem. I can’t begin to estimate the amount of time, effort and expense the industry expended in preparing to facilitate these sipp assets, which would have come online just four months later. One saving grace is that at least the u-turn was made prior to clients actually mak...