Professional Adviser's Rachel Dalton looks at four key issues for advisers to consider when clients want to invest in intellectual property via a SIPP.
Investment in intellectual property (IP) via SIPPs is a thorny subject. The valuation, ownership and growth of IP are all specialist areas in their own right. So what do advisers need to be aware of? 1. Value Valuing IP is notoriously difficult and has to be watertight for the investment to work. IFAs could look for a SIPP provider which values IP itself, but Clive Goldthorpe, director at Beaufort Asset Management, said these are becoming harder to find. "There are fewer SIPP providers willing to operate in these niche areas due to the risks of HMRC penalising investors where they d...
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