Either way, the government has yet to come back with a conclusion, with no specific timescale defined.
Onwards and upwards
Property, pensions and investment are inexorably intertwined. With the residential market on the up, Sipp investors would undoubtedly welcome the opportunity to get a look in. But with uncertainty and final-hour changes plaguing the previous time the idea was floated, providers and clients will not be rushing ahead this time.
And the jury is still out on commercial property. Nobody knows which way the FCA will go but, as its first major piece of legislation since inception, it will not want to get it wrong.
Ultimately, changes to terms of investment for commercial or residential property will have a significant impact on the market, whichever way they go.