Jumping clear of the hurdles

The DWP confirmed in June this year that protected rights funds will be available to all SIPPs from October. Recent press coverage has estimated that the protected rights market could be worth as much as £100 billion and with so much uncertainty surrounding this issue it makes sense to introduce a level playing field. Before we can fully understand where we are today and what may happen from October 2008, I feel it is important to go back to basics and look at the history of SIPPs and protected rights. Reading the recent headlines you might be forgiven for thinking that self-investment ...