Question: Can a sipp buy shares in a company that is not its sponsoring employer?
To view a full list of responses, click here. To pose your own question to our experts, click here. Andy Zanelli: The simple answer to the question is yes as a registered pension scheme can invest in equities whether or not they are quoted on a recognised Stock Exchange and they could be for a UK or overseas company. As with all questions to do with pensions legislation in the new world of Simplification you would expect there to be a however and there is. Some shares that could be considered for investment may fall foul of the taxable property rules that look to restrict a schemes ab...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes