'Huge appetite' for protected rights in SIPPs

The services provider says it has received a number of enquiries on the subject and is in the process of developing its SIPP proposition to allow the inclusion of protected rights funds in the future. However, it says it is unable to offer protected rights at present as they can only be included in a SIPP when it is sold through life company wrappers. The Government has announced this situation will change but there is currently no timetable in place. PPS Nigel Manley, head of self-invested pensions at PPS, says: "There is a clear appetite for protected rights funds to be held within a s...