CEE SIPP Investment
Andy Murphy CEE SIPP Investment
Posted: Mar 1 07 14:21
Total Posts: 14
Users Rating: unrated

Can I have anyone else's thoughts on SIPP investment in CEE please? Here's the situation... I recently cashed in some 'standard' pension policies (usual reasons) and now have £100k cash in a SIPP doing nothing at the moment other than earning a bit of interest, which is absolutely fine for now. What to do with it next though is the question. I have considered looking for a local commercial development opportunity and having the SIPP borrow another 50K...I've also considered going in search of the higher potential capital gains in CEE over the next 10 years or so (I'm 42 now). This, on balance, is what I currently feel would be best. To make a CEE SIPP investment by way of some property unit trust type setup seems to make sense...the scheme can obtain higher gearing than I'd be allowed with a SIPP making a direct investment and it can also obtain gearing for investments in newer markets where individual investors such as myself are not able to raise local finance. So three potential advantages so far..prospect of higher growth, higher gearing, gearing in places I couldn't get any gearing! The fact that it would be a largely 'hands off' investment also seems fairly appropriate (to me) for this type of longer term pension investment where the benefits will come in many years to come, so to speak! That's the background..anyone any thoughts on it? Finding a good, honest and 'on the ball' company who offer such product is the key question for me. From my initial enquiries it appears, along with quite few others, companies such as Assetz offer such products...I've no idea if they are good bad or indifferent but I've a healthy sceptism generally about many property investment companies...both their deals and their irritating hard sell tactics so I'd like to do as much research as possible first and obtain some unbiased comment etc. A whole host of other things spring to mind such that it would be good to have fool proof protection in place if the company offering the product hit hard times over the next 20 years or whatever..so just the structure of the investment vehicle. General tax and inheritance tax matters I guess aren't really an issue as it's a SIPP anyway...maybe the inheritance side is? Anyway if anyone has any thoughts I'd be most interested to hear them or indeed any info on good companies offering such products. Clearly (I personally think) it's a natural product for PS to be offering (any plans?)....I'm sure that the 1% annual commission on the odd 500 million investment pool (or so) would no doubt help with the overheads! Anyway any ideas or thoughts would be most welcome!

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