A-Day may have happened some time ago but confusion continues to surround what investments can be held within a SIPP. Richard Mattison tries to clarify matters
Since pension A-Day some 20 months ago, the title "pension simplification" seems to have been quietly dropped. Pensions, if anything, seem to have become more complicated. Certainly on the investment side debate still rages over what can and can't be held as a pension fund asset. Furthermore, after Gordon Brown's infamous u-turn in December 2005, some investment firms are only now gingerly dipping their toes back into the SIPP waters. It is worthwhile having another look at this issue to see if some questions can be answered. Taxable property A-Day introduced a new concept known as "tax...
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