Advisers unsure on SIPP protected rights rules

For 78pc of advisers, the ability to self-invest protected rights is an area of great confusion, while 29pc believe that full self-investment of protected rights became available with FSA regulation of SIPPs in April 2007. However, only clients with an insured SIPP structure can self-invest protected rights – through a private managed fund linked to a personal pension policy – while trust-based SIPP schemes are still prohibited from doing so. While a fifth of advisers admit to not knowing this, 22pc understand that it is viable to self-invest protected rights if in possession of the righ...