PRODUCTS

SUFFOLK LIFE MASTERSIPP

The Suffolk Life MasterSIPP offers:

  • protected rights and ordinary pension benefits under one roof ahead of the DWPs proposals
  • protected rights alongside existing Suffolk Life SIPPs, charged according to the MasterSIPP fee schedule
  • genuine self-investment of protected rights
  • increased investment choice for ordinary pension benefits
  • the potential to increase borrowing, within HMRC limits, with a fund size increased by protected rights

Why now?

  • DWPs proposals are not due to come into force until October 2008 at the earliest.
  • Between 30% and 50% of all new SIPP business has attached protected rights funds.
  • The FT recently sized the protected rights under management at around £100 billion.
  • Recent survey found 60% of advisers would self-invest protected rights for at least half of their clients if available.


DISCLAIMER

The information on this page is for advisers only and should not be relied upon by individuals.