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Protected Rights can now be included in Self-Invested Personal Pensions (SIPPs). If you are interested in taking more control of your pension fund, this represents good news since it gives you more flexibility.
By transferring your contracted-out pension to a SIPP you could benefit from:
- Wider investment choice: you can choose from over 1,000 funds, or hold cash tax-free
- Consolidation: bring all your pensions under one wrapper to reduce administration and aid your retirement planning
- Lower cost: with no transaction costs, initial charges or switching fees, it's now cheaper to manage your investments.
For more information about Protected Rights, contact us today
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