Looking for new pension ideas? Here are two

Gordon Brown's moves to prevent residential property investment using Sipps means UK investors need find somewhere new to put their pension. We believe that India and gold are both great long-term investments.

There is much sanctimonious finger-wagging in the press at the moment, defending the Chancellor's move to prevent residential property investment using Sipps.

"Yes," our learned commentators say, "Gordon Brown left it a bit late to tell everyone, but at the end of the day, he's made the right decision. It's the investment industry's fault for being so focused on tax avoidance."

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John Stepek

John Stepek is a senior reporter at Bloomberg News and a former editor of MoneyWeek magazine. He graduated from Strathclyde University with a degree in psychology in 1996 and has always been fascinated by the gap between the way the market works in theory and the way it works in practice, and by how our deep-rooted instincts work against our best interests as investors.

He started out in journalism by writing articles about the specific business challenges facing family firms. In 2003, he took a job on the finance desk of Teletext, where he spent two years covering the markets and breaking financial news.

His work has been published in Families in Business, Shares magazine, Spear's Magazine, The Sunday Times, and The Spectator among others. He has also appeared as an expert commentator on BBC Radio 4's Today programme, BBC Radio Scotland, Newsnight, Daily Politics and Bloomberg. His first book, on contrarian investing, The Sceptical Investor, was released in March 2019. You can follow John on Twitter at @john_stepek.