 Pensions |
| Search News |
|
|
| Find an IFA |
|
|
| Browse |
|
| UK Spotlight |
It has been revealed that the Chancellor Alistair Darling held talks with some of the UK largest banks yesterday in a bid to try and avert a banking crisis in the UK. The meeting was attended by...
→
Read More
|
|
| Disclaimer |
| Financialadvice.co.uk adheres to the Financial
Services and Markets Act 2000. This site contains only factual and
readily available public information. |
|
|
|
Giraffe Mortgages
Low mortgage rates don't tell the whole story! Find more information on mortgage loans at L&C Mortgages!
|
|
|
|
|
|
Friday 27th June 2008
In a move which will literally breathe life back into the struggling pension fund sector it has been confirmed that members holding pension savings in protected rights schemes will now be able to transfer them to other types of pension fund arrangements. This now opens the door to a burst in transfer activity into SIPPS (Self Invested Personal Pensions Schemes) and other investment vehicles which offer wider investment opportunities for those looking to manage their own investments.
Prior to the move the protected rights element of any pension scheme could only be invested in an small selection of insurance funds. Now the shackles have now come off there are many pension fund holders planning for future changes in the make up of their pension scheme investments. But will it make a real difference?
While protected rights do work well for many people, a vast array of pension fund eligible investment opportunities have been introduced over the last few years. Whether active management of these funds will actually lead to a better return is debateable but the barrier has finally been lifted giving many investors the chance to take a more hands on approach to their pension funds. |
→ Full Pensions News Archive
→ Return to Homepage |
|
|
|
| Other top stories in this section:
|
|
|
|
(78).gif)
(5).gif)
