unable to transfer protected rights?

jem16

EdInvestor wrote: »

Well go on then.



Why wouldn't you? You're happy to post information about other things. Investigations that I know of so far (including by an IFA seeking to place his own PR pension in drawdown) have not located any examples of firms offering drawdown for small PR funds on their own except Selestia.

Now's your chance to demonstate your superior knowledge DH.

Now come on Ed - play fair.

Dunstonh has provided a lot of information on this forum. Surely he's entitled to keep some snippets to himself? He is running a business after all, not a charity.

Pay up like the rest of us if you want the info and then you can post if for free if you want.

EdInvestor

jem16 wrote: »

Dunstonh has provided a lot of information on this forum. Surely he's entitled to keep some snippets to himself? He is running a business after all, not a charity.Pay up like the rest of us if you want the info and then you can post if for free if you want.

Information from other "regulated" sources I have contacted and/or know personally, indicates that there are not in fact any providers offering drawdown for small PR pension funds on their own (except Selestia).

Dunstonh claims there are.Then let him tell us which firms he means.Why would he wish to keep such information secret?

dunstonh

Information from other "regulated" sources I have contacted and/or know personally, indicates that there are not in fact any providers offering drawdown for small PR pension funds on their own (except Selestia).

Information from paid for research software indicates there is. The providers supply the data to the research companies and that data shows the numbers I have mentioned before.

Dunstonh claims there are.Then let him tell us which firms he means.Why would he wish to keep such information secret?

I dont have to list the providers. If you want to buy the research software and post the output then it is your choice.

scouser_in_exile

Post Edited

EdInvestor

The providers supply the data to the research companies and that data shows the numbers I have mentioned before.

Ah, I guess you don't know the names then. This area of pensions is very obscure and technical: one wonders if the "research companies" have understood the point.

dunstonh

Indeed - Aequos subscriptions aren't cheap.

I use Synaptic Clarity. Just over £180pm.

one wonders if the "research companies" have understood the point.

The filter that sees you tick the "protected rights scheme" box on the drawdown products section does sort of give it away.

I wonder if you have understood the point

dunstonh

There is also another provider that does protected rights drawdown with no minimum and also allows unit trusts, shares and investment trusts inside of the insured pension wrapper. This provider is in addition to the number of companies mentioned above.

They have also confirmed (as I asked the question) that protected rights in drawdown can be transferred in or out with no problem.

Quick and dirty figures suggest that this provider could be cheaper than Selestia for very large holdings and comparable with HL for smaller ones.

scrooge38

And that provider is.....?

EdInvestor

dunstonh wrote: »

There is also another provider that does protected rights drawdown with no minimum and also allows unit trusts, shares and investment trusts inside of the insured pension wrapper.

I believe Zurich offers this, but unsure if it welcomes small funds.

EdInvestor

This one may be worth a look.

http://www.winterthur-life.co.uk/NR/rdonlyres/D1E5E24F-01E9-4E3F-8DE9-13CFD91EF489/0/INC1002_A_0207_IWKeyFeatures.pdf

They accept protected rights and do not appear to have a minimum fund size.