Self-Invested Personal Pension (SIPP)
A Self-Invested Personal Pension (SIPP) is a type of personal pension scheme in the UK, which provides individuals with greater control and flexibility over their pension investments.
In the context of SIPP and other pension-related land transactions, individuals may choose to use their pension funds to acquire land or property as part of their investment strategy and to build an investment portfolio. This could involve purchasing commercial property, agricultural land or other types of real estate within the guidelines and regulations set by the pension scheme.
It's essential to note that the specifics of pension-related land transactions can vary based on the regulations governing pension schemes, tax implications and other legal considerations. Our commercial property team can offer guidance on the complexities of these transactions and regularly act for plan holders, managing trustees and professional trustees in pension related property transactions, ensuring compliance with applicable laws and regulations. If you would like to speak to a member of our commercial property team for more information on SIPP and other pension-related land transactions, please contact us today.
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