Sipps can hold protected rights

The company, which is part of the South African insurance company Sanlam Group, says protected rights are able to be fully invested in an insurance-based or personal managed fund (PMF) sipp. This is a product where an insurance company ring-fences a separate fund for the client within its own life fund, which is then able to hold the Sipp investments the clients wants including commercial property, equities, and collectives subject to the permitted linking rules – which require assets to be “readily realisable” and “regularly valued”. However, the number of providers offering PMF Sipps ...