Cordea Savills, the property fund manager, believes that whilst the Chancellor’s Pre-Budget announcement may be seen as disappointing by some SIPP investors, the debate regarding residential property investment remains much broader than this and opportunities remain for safe and rewarding, tax-efficient investment. Whilst people will now no longer be able to use their pension schemes to gain tax relief on buy-to-let and second homes from A Day next April residential property should still be seen as a core holding within personal pension planning according to Cordea Savills.
Read more >