Protected Right Sipps

Protected Rights Changes

SIPPs will now be allowed to hold Protected Rights. The effective date will be 1^st October 2008.

Protected Rights will be permitted to be invested in the full range of investments allowable under a SIPP.

The Protected Rights pot must be tracked separately and used to pay a 50% spouses pension when used to purchase an annuity (if applicable)

All other retirement options will be available

Small self administered pensions (SSAS) will not be able to hold protected rights

If you are an expat living abroad you may be interested in transferring your existing protected rights pension into a QROPS provider which can offer some very attractive benefits.