European Pensions Management (EPM) has launched its no annual charge Funds SIPP which will give clients access to thousands of unit trusts and OEICs with discounted charges.
Scottish Widows has called on the FSA to increase the disclosure requirements for SIPPs after the Government last week gave the go-ahead for protected rights investment in the pension products.
Advisers stand to reap the benefits of allowing protected rights investment in SIPPs, but life offices and insurance companies will lose out, Suffolk Life's John Moret says.
The FSA should not treat SIPP providers as insurers for the sake of protected rights, warns Hazell Carr.
SIPP providers offering protected rights should be given the chance to operate on a level playing field, urges Suffolk Life.
Suffolk Life has launched a guide explaining protected rights on its website.
Merchant Investors, the pension products provider, has launched OneSIPP to combine insured SIPP and trust-based SIPP features.
The Government has issued a consultation paper that would allow savers to self-invest protected rights funds.
Suffolk Life has launched a trust-based MasterSIPP enabling its customers to self-invest protected rights money alongside non-protected rights for the first time.
Tomorrow, the at and post retirement specialist, has extended its drawdown offering to allow transfers between both Protected Rights USP contracts and Protected Rights ASP contracts.