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Some like Sipps hot

It’s A for alternative investments as A-Day fever gets a grip on the Sipp market.

A straw poll of advisers and Sipp administrators reveals a wide variety of enquiries about potential Sipp investments.

As well as being asked about putting investments such as stamps, classic cars and fine wine in pension pots, Central Financial Planning has been approached about the Sipp suitability of a portfolio of nude photographs and Marilyn Monroe memorabilia while Suffolk Life has been asked about a collection of 1,200 vintage clocks and military swords. Suffolk is used to dealing with unusual investments, administering Sipps containing a zoo and Walsall Football Club’s Bescot stadium. Chief executive Henry Catchpole says: “We can handle fairly exotic things and people can do it but it is going to cost them.”

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