Buying a woodland with your SIPP.
by Nick H, 28 June, 2012, 37 comments
It may not be the most obvious asset to hold in a Self-Invested Pension Scheme (SIPP) but there is no reason in principle why you cannot do so. Provided that the woodland generates an income for the fund it will qualify as a commercial property, so how can this be done?
In my case, I have a SIPP which until recently was invested in the stock market. I decided earlier this year that I no longer wanted to run the risk of losing what I had worked hard to build up and began to look at other options. I was also interested in buying and managing a small wood because of my interest in natural history and ecology.I approached my pension trustees and hey confirmed that there would be no problem in my SIPP owning a wood. Read more...
