Rain

Rain

max temp: 3°C

min temp: 3°C

Search

Ipswich: Suffolk Life appoints Birketts to commercial property panel

PUBLISHED: 17:37 10 February 2014 | UPDATED: 17:38 10 February 2014

Dominic Savage of Suffolk Life.

Dominic Savage of Suffolk Life.

Archant

Suffolk Life, the Ipswich-based provider of self-invested personal pensions (SIPPs), has appointed regional law firm Birketts to provide specialist legal services.

Birketts has been appointed to a panel of three law firms to manage the acquisition and disposal of commercial property, along with ancillary work.

The acquisition of commercial property using SIPPs has shown significant growth over recent years due to tax advantages and their greater flexibility over standard pension arrangements.

Dominic Savage, Suffolk Life’s director of property, said: “The combination of SIPPs and commercial property is a complex one. Advisers and investors are increasingly finding it difficult to access the appropriate expertise and experience they need from their legal representative, and the question ‘Can you recommend a solicitor to me’ is fielded by my team ever more frequently.”

Birketts has a specialist SIPP property team which will work with Suffolk Life and its clients throughout England and Wales, and was selected due to their expertise and experience of SIPP transactions.

Suffolk Life now owns in excess of 3,000 commercial properties on behalf of over 5,000 investors.

All three firms of solicitors on its panel have committed to a menu of fees for the services they offer and Birketts has agreed with Suffolk Life to provide the services in a bespoke manner benefiting both the end investor and their adviser.

Search hundreds of local jobs at Jobs24

Staff at Suffolk specialist joinery firm TMJ have raised £6,000 which has been split between the company’s two chosen charities of the year.

Bosses at the Eastern Enterprise Hub and University of Suffolk hope gaming and technology students will be inspired to pursue their games ideas, after it emerged the gaming industry is one of the fastest growing locally.

East Anglian law firm Ashtons Legal has become a sponsor of the Bury Bombers wheelchair basketball team.

Businesses from Suffolk and north Essex have been named on the latest Top 100 Apprenticeship Employers list.

Cells unfit for habitation, blocked toilets and a failure to maintain basic facilities – these are among the discoveries made at prisons serviced by failed company Carillion.

Management Jobs

Show Job Lists

Most read

Topic pages

Newsletter Sign Up

Sign up to the following newsletters:

Sign up to receive our regular email newsletter
MyDate24 MyPhotos24