Around 39% of the professional advisers surveyed said clients should be interested, including 8% who thought they should be ‘very interested’. But opinion was divided, with 43% saying clients should not be interested - of which 12% said their clients would ‘definitely not be interested’ This left almost one in five advisers (18%) who just ‘didn’t know’ one way or the other.
Around 257 UK based financial advisers took part in the study, which was conducted by NMG Research throughout April 2009.
Plans to encourage pension funds to invest in private rented housing were unveiled last Friday by the Homes and Communities Agency (HCA) in what will be seen as a major lobbying victory for the British Property Federation (BPF).
According to a statement released earlier by the BPF, “Around eight organisations have reportedly been in talks with the HCA over building rented accommodation, and therefore supporting builders during the housing market recovery. They are rumoured to include two institutions, two housing associations and one or two big name pension funds. The project could see thousands of new homes built for long term rent.”