View more on these topics

Assetz to launch new funds ahead of A-Day

Assetz are launching a series of new property investment funds for people looking to invest into their Sipps after A-Day, only available through advised sales.

The 10 new funds, kicking off with the UK commercial property short term capital growth and UK residential property short Term capital growth on December 1, allow anyone with a minimum of 5,000 in their pension the opportunity to invest into commercial and residential property, both in UK and overseas.

The funds are tax-free for Sipp or SSAS fund investment purposes and Assetz says the funds will allow investors to have a choice of funds that emulate the potential risk of having direct property investment with on a managed basis.

Assetz managing director Stuart Law says: These funds will revolutionise property in pensions. Any suitable investor with as little as 5,000 can now begin a property investment portfolio by buying a stake in one or many diversified property funds which itself has the capacity to borrow, thereby accessing property which would otherwise have been out of reach. A huge benefit of the low entry level of just 5,000 means investors will be able to diversify their portfolios, without pouring all their retirement savings into just one property, exposing themselves to risk.

Recommended

Sense of release

Sonia Speedy on how the equity-release market needs to plug the holes revealed by the FSA’s mystery shopping and open up consumer access to products to unlock business

Perpetual notions

Philip Scott finds out how three of Invesco Perpetual’s leading fund managers produce their outstanding investment results

Can Turner pass the test?

When I used to write a column similar to this one for another newspaper, the editor would fret if I returned to the same subject twice in a row.<

Counter claims

Chartered Insurance Institute chief Peter Hales has launched a bitter attack against claim management firms, branding them a national disgrace and blaming them for the surge in unjust and vexatious complaints against life offices and advisers.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com