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Investors warned about adequacy of commercial buildings cover

Investors in pension schemes are being warned of the knock-on effect of inadequate sums insured on commercial properties within their portfolios. The Financial Times (FT) reported that some providers of self-invested personal pensions (Sipps) and small self-administered schemes (Ssas) were “dropping the ball” on the insurance of commercial property, leaving investors exposed. The FT said questions around due diligence carried out by Sipps providers had been mounting amid recent court cases focusing on non-standard investments. Trevor Palmer, commercial development specialist at NFU Mutual, was reported as saying there were "many instances" where cover was inadequate, particularly among small

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