FundsNetwork to take applications for SIPPs with protected rights

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Fidelity FundsNetwork is set to provide early business illustrations and take applications for SIPPs with protected rights from the middle of September.

In a bid to help advisers prepare for the demand to transfer protected rights, the platform will provide early business illustrations for clients wanting to transfer protected rights, as well as accepting applications for SIPPs with protected rights. Investors, who take advantage of the ability to transfer their protected rights across to their SIPP, will enjoy a range of benefits including access to a wide range of investment options and access to the full range of self investment options within a SIPP. Consolidating plans can enable a more coherent approach to investment allocation a...

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