Westerby to accept protected rights from 1st Oct 08

19-09-2008

 

Westerby Trustee Services is now in a position to accept protected rights to be transferred into both its SIPP Products – Full SIPP and SOLO SIPP with effect from 1st October 2008.

There will be a small charge applicable in setting up and administering these transfers as follows:

• Establishment of Protected Rights Plan - £100
• Annual Administration of Protected Rights Plan - £100 per annum

As there are no investment restrictions with the protected rights part of your SIPP money, we will allow you to invest into any permitted SIPP investment. However, the plan cannot accept on-going rebates.

The protected rights plan will have to form part of either our SOLO SIPP or Full SIPP product and therefore cannot be taken out as a stand-alone plan.