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Hot Protected Rights Sipp News
wombat42_2
Posts: 1,312 Forumite
Looks like things are happening !
"The government indicated in June that it would allow protected rights funds to be self-invested, which was expected to create a multi-billion pound opportunity for Sipp providers.
Further details of the changes to the treatment of protected rights pensions will be revealed in draft regulations released today"
http://www.citywire.co.uk/News/NewsArticle.aspx?VersionID=99176
YIPPEEEE :beer: :j :T
"The government indicated in June that it would allow protected rights funds to be self-invested, which was expected to create a multi-billion pound opportunity for Sipp providers.
Further details of the changes to the treatment of protected rights pensions will be revealed in draft regulations released today"
http://www.citywire.co.uk/News/NewsArticle.aspx?VersionID=99176
YIPPEEEE :beer: :j :T
0
Comments
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Erm...wher on tht link does it mention it?
TIA0 -
averageguy11 wrote: »Erm...wher on tht link does it mention it?
TIA
I gave the "Full Story" link but it seems to have died. However the initial link is still live:
http://www.citywire.co.uk/Blogs/MasteringYourBusiness/Entry.aspx?VersionID=99256&XDU=e24a6841-f6eb-4463-94ef-f514e0f5348f&XDS=C&XDNG=True&XDKL=0&XDURL=http%3a%2f%2fwww.citywire.co.uk%2fBlogs%2fMasteringYourBusiness%2fEntry.aspx%3fVersionID%3d992560 -
No sign of the draft regs yet, but I hear they won't take effect til next October at the earliest. Meanwhile, if you've got an ifa you can use the Suffolk Life self invested Mastersipp for self invested protected rights straightaway (www.suffolklife.co.uk)!0
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. Meanwhile, if you've got an ifa you can use the Suffolk Life self invested Mastersipp for self invested protected rights straightaway (www.suffolklife.co.uk)!
This is likely to be too expensive to interest many people here, still it's a start..Trying to keep it simple...
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The full story version now works again:
http://www.citywire.co.uk/News/NewsArticle.aspx?VersionID=99176
Maybe someone can give Hornbuckle Mitchell a bell to ask about the availability of these draft proposals.0 -
Even on advice, I wouldnt be keen with that unless it was true self investment and not investment funds. It is too expensive compared to alternative options available for investment funds.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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Looks like things are happening !
"The government indicated in June that it would allow protected rights funds to be self-invested, which was expected to create a multi-billion pound opportunity for Sipp providers.
Further details of the changes to the treatment of protected rights pensions will be revealed in draft regulations released today"
http://www.citywire.co.uk/News/NewsArticle.aspx?VersionID=99176
YIPPEEEE :beer: :j :T
Just noticed that the wording has now changed to:
" Further details of the changes to the treatment of protected rights pensions will be revealed in draft regulations released THIS WEEK."
So maybe today !!!!!!!!!!!!!!!:rolleyes:0
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