Survey uncovers advisers' doubts on protected rights

The new regulation will allow investors to transfer their protected rights monies into any SIPP and providers have been gearing up for the changes since an initial government proposal in June 2007. However, MI found that 22pc of advisers do not believe their main SIPP provider is ready to accept protected rights while a further 36pc expect administration difficulties. Richard Ellis, head of sales and marketing, said: "We've been working to raise awareness of the ins and outs of protected rights investment for some time now. We conducted research earlier this year which indicated 24pc of ...