Fidelity FundsNetwork is to accept applications for SIPPs with protected rights from mid-September in advance of new regulations coming into force on October 1.
The platform will also provide advisers with early business illustrations for clients wanting to transfer protected rights, which are funds built up by being ‘contracted out’ of the State Second Pension. Investors who transfer their protected rights across to their SIPP will enjoy a range of benefits, according to FundsNetwork. These include: Access to a wide range of investment options Access to the full range of self investment options within a SIPP Consolidating plans can enable a more coherent approach to investment allocation as well as reduced charges and easier administratio...
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