Still opportunities for SIPP investors says Portman

Matthew Wyles, group development director at Portman says there is still oopportunities for Self Invested Pension Plan investors to buy into Real Estate Investment Trusts.

He says: The chancellor appears to have cut away much of the much vaunted potential for direct investment via a SIPP into buy to let property. It never seemed very logical that already hard pressed first-time buyers should have to compete with investors armed with significant tax advantages. SIPP investors will still be able to buy into REITs which will have the advantage of providing a more diversified and structured exposure to property.