Getting it right: Pensions, property, and proper processes

Alas, nothing is simple in the world of property and pensions

clock • 4 min read

Lee Halpin explores SIPP property purchases and all associated intricacies

Let's imagine you've decided your client is in the right situation and circumstances to proceed with a commercial property purchase within their self-invested personal pension (SIPP). The due diligence is complete, the financial plan is in place and the paperwork is signed off. You're both ready to go. The client is buying their own commercial property through their own SIPP, which seems simple enough. At first glance, it seems like you can sign the property over, notify the relevant authorities and clink glasses to a successful piece of tax and financial planning. You and your client...

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

HNW individuals call for pension reforms and tax changes

HNW individuals call for pension reforms and tax changes

Almost nine in ten want to see pension reforms, Saltus finds

Isabel Baxter
clock 13 May 2024 • 1 min read
FCA/TPR value for money framework a 'key priority' for 2024/25

FCA/TPR value for money framework a 'key priority' for 2024/25

Regulatory duo first announced a plan for common measurements in 2022

Hope Coumbe
clock 10 May 2024 • 1 min read
NAO finds estimated cost of dashboards has risen £54m

NAO finds estimated cost of dashboards has risen £54m

'The DWP must learn lessons from what happened on this programme'

Holly Roach
clock 10 May 2024 • 3 min read