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SIPP Specialists Announce the Launch of New QROPS TRANSIT SIPP

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Contributed by SIPP Specialists Limited
16 October, 2012


Contributed by SIPP Specialists Limited [www.sippspecialists.co.im]

SIPP Specialists Ltd, the innovative UK SIPP Provider has announced the launch of the QROPS TRANSIT SIPP. This is their third new product in recent weeks, following on from their Acorn Lite SIPP for regulated investments and the Insight SIPP for sophisticated investors.

The QROPS TRANSIT SIPP is designed to provide a professional, cost effective solution to a situation that many professional advisers find when clients, who can have multiple UK schemes are looking to emigrate and thus transfer their pension arrangements into a QROPS.

“This can cause increased work for both the adviser and the QROPS Provider and delays in setting up the QROPS” said spokesman Mark Knight.  “In extreme cases, for example, it can delay clients receiving their Pension Commencement Lump Sum”.

He added “The QROPS TRANSIT SIPP will accumulate all the funds into ONE UK SIPP and make ONE transfer to the QROPS Provider. There will be a one off fee of £175 plus VAT for this service. This should give advisers greater control of the transaction, reduce delays and hopefully give peace of mind to the client”.

If you want to know more about this product or any of the SIPP Specialists range of products or   services, please contact them at  consultants@sippspecialists.com


SippSpecialists Limited
Oaklands Business Park
Hooton Road
South Wirral
Cheshire    CH66 7NZ

T: 0151 328 0594
F: 0151 328 0707
e-mail:  consultants@sippspecialists.com


SIPP Specialists Limited - Registered in England and Wales Registered No 4845017
Registered office: Montrose House, Clayhill Park Neston CH64 3RU
Tel: 0151 328 0594




 

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