29 September 2008: Stockbrokers comments on new SIPP regulation

Commenting on new SIPP regulation Catherine Penney, Associate Director at Barclays Stockbrokers, said: “From an investor’s point of view the new regulations allowing from 1st October the transfer of protected rights into SIPPs are entirely positive. The technical change to rules is relatively minor but it will give investors a lot more choice. It will give people the opportunity to invest their protected rights fund into a wide range of products, from cautious capital-protected options to more sophisticated products for the more experienced investor. It will also allow those wishing to take control of their pension savings the ability to hold all these assets in one place. It is crucial investors remember the importance of saving into a pension for the long term and ensuring they have adequate funds for retirement.

“With a SIPP from Barclays Stockbrokers investors have the freedom to choose which investment products to put in their pension; options including stocks and shares, funds, gilts & corporate bonds, structured products, ETFs, REITs and cash. Annual fees are also competitive at a flat rate of £150. Barclays Stockbrokers also offers alongside its online dealing, a good information platform including a full range of expert trading tools and access to research to help investors make the right decisions for their SIPP.”

For further information contact: 
Caroline Wells / Jignasa Patel
PR, Barclays Wealth
020 7114 7435 / 020 7699 2483

Katie Hayward / Katherine Hobby
Lansons Communications
020 7294 3631 / 020 7566 9704
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