September 23, 2008
LV= to Accept Protected Rights into SIPP Product
Retirement specialist LV= has announced that it will be able to accept protected rights transfers into its self-invested personal pension product, with effect from October 1, 2008.
LV= has said that not only can customers gain by investing in LV='s Discretionary Managed SIPP (self-invested personal pension) product, but they can also take advantage of the 15 new external fund links to the LV= pensions platform.
Ray Chinn, head of pensions at LV=, said: "We are delighted to be able to offer financial advisers and their clients the opportunity to hold pension funds under one SIPP and self-invest both protected and non-protected rights. For many this will considerably simplify the way in which they can invest and manage their pension funds."