Rain

Rain

max temp: 16°C

min temp: 10°C

ESTD 1874 Search

Ipswich: Suffolk Life appoints Birketts to commercial property panel

17:37 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

0 comments

The East of England Co-op has put in a planning application to demolish the building as part of a regeneration project.

The East of England Co-op has announced plans to demolish an unused building in Ipswich which will pave the way for more regeneration.

From left, apprentices Bethany Brame, Lydia Lloyd-Potts and  Josephine Brady, Greene King chief executive Rooney Anand, Robert Halfon MP and Jo Churchill MP.

Skills minister Robert Halfon MP has praised the commitment of Bury St Edmunds-based pubs and brewing group Greene King to apprenticeships.

Greenpeace has published a list of the UK's top 100 recipients of European Union farming subsidies.

A number of East Anglian estates and farm businesses are among those receiving hundreds of thousands of pounds under the European Union’s Common Agri-cultural Policy (CAP), according to analysis by environmental group Greenpeace.

Alton Towers in Staffordshire, whose owner, Merlin Entertainments, says it has

Alton Towers owner Merlin Entertainments said today it had “learned every lesson” from last year’s Smiler rollercoaster crash as it revealed that visitor numbers are still being affected.

The Coderus team at Innovation Martlesham

Two technology businesses based at BT’s Adastral Park complex at Martlesham Heath have teamed up to create an innovative security system.

HOT JOBS

Show Job Lists

Most read

Most commented

Topic pages

Streetlife

Newsletter Sign Up

Sign up to the following newsletters:

MyDate24 MyPhotos24