SIPP and Cape Verde

gzcunnin
olivetree guest

My SIPP provider has declined to accept this CEPP investment into their SIPP

'At the moment the structure of the scheme would not sit comfortably with the Trustees. The scheme is structured as a Limited Company and these are still being assessed by the SIPP Trustees market because of unclear taxable property regulations.'I would like to understand what steps are being taken to resolve this.
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Saturday September 2nd at 3:27am
OTIP
olivetree guest

OTIP offer a SIPP with Greyfriars Asset Management which will accept this investment. You can set up a separate SIPP to your current one

so that you hold two SIPPs or transfer funds from one to the other. It would take quite some time for all SIPP providers to review and accept

these CEPPs as they are formed, however some very large insurance companies have accepted this as a suitable asset.

OTIP don't have plans to approach each SIPP provider in turn. Are you dealing with one of our Business Partners?

OTIP

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Saturday September 2nd at 8:06am
OTIP
olivetree guest

Currently the SIPP providers that will accept this as a suitable investment are... Standard Life, James Hay, Norwich Union, Scottish Mutual,

Berkley Burke, Hornbuckle Mitchell, Suffolk Life, Wensley McKay, Greyfriars Asset Management GAM

OTIP 

 

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Sunday October 29th at 2:37pm
 
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