Did you know that from the 1st October this year up to 6 million people with protected pension rights funds have now been given the green light by the Department for Work and Pensions to invest their under performing funds into SIPPs?

The release of up to a £100 million from existing pension funds is a tremendous amount of ‘new capital’, but just where will the majority of this be destined? We find ourselves in trying times. Real estate is in free fall, pensions are withering, stocks and shares are playing the proverbial yo-yo and just when we thought it couldn’t get any worse; we learn that the banking institutes are perhaps not quite as safe as we once thought. How and where does one invest for the future?

According to Ailse MacFarlane, Marketing Director for Landcorp International “In unparalleled times, investors need to explore new avenues and pre-development land is one of the most talked about investment buzzes in city circles today.”

Undeveloped land is the oldest asset in the world, yet the newest way of making money! It has often been referred to as the lazy mans investment. There are no maintenance headaches, no unruly tenants, no rental issues and no ongoing bills. The land is literally worth what was paid for it as there are no bricks and mortar upon it to fluctuate. However if we take this a stage further, undeveloped land maturing into pre-development land, suddenly finds the investor sitting on potentially a very valuable asset.”

Landcorp are currently marketing pre-development land in Nova Scotia in conjunction with Terra Firma Development Corporation Ltd (www.tfdc.ca).

Terra Firma has now released a limited amount of land from the 1,000 + acres stock that it holds in order to raise additional development capital to achieve planning permission for the luxury lifestyle resort ‘Forest Lakes Country Club’.

Forest Lakes Country Club will boast numerous facilities including an 18 hole golf course, driving range, club house, lakes, water sports, bars, restaurants and a luxurious boutique hotel to mention but a few.

Ailse continues, “Forest Lakes Country Club has the ability to become one of the biggest investment winners ever by 2010, despite the downturn in the global economy. With only a small investment outlay required and an exit strategy starting in 2010, with an estimated 100 to 150% return on the investment, it is not surprising that we are seeing an influx of investors with many opting for the SIPP route. Landcorp has established relationships with authorised and regulated SIPP regulated providers and we can refer clients to a suitable provider to discuss their requirements.

For further information, visit http://www.landcorpinternational.com/sipp/