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.In addition, financial advisers can utilize the recently launched PensionsQ fund analysis support and the Retirement Planner Investment Modelling Tool, both designed to help advisers with their investment decisions.
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."