Property plays come A-Day

'A-Day', which marks new UK legislation to encourage savings for retirement, has arrived, and structured products providers are excited that their market will thrive as a result - particularly in the property-linked sector. Others, however, believe there are a number of timing and structuring issues to address

'A-Day' has finally arrived. For the past year, the UK's financial press has examined the opportunities and pitfalls of the new legislation and now the reality is set to sink in. For the first time, investors are allowed to hold residential property investments, and indeed the bricks and mortar, within a self-invested personal pension (Sipp). Those preparing for retirement are also allowed to hold other forms of investment within their Sipps, such as works of art, fine wine, racehorses or