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Wentworth deal for Equitable transfers

Wentworth Rose has negotiated special terms with GE Life to offer a structured investment product aimed specifically at Equitable Life policyholders looking to transfer out. The product provides a capital guarantee through buying a share in a Dublin based GE company within a Sipp wrapper in which life office has waived the charges. The IFA says the capital guarantee together with the potential of 80 per cent of equity growth is suitable for savers taking Equitable&#39s 20 per cent MVA hit. Wentworth Rose stresses that Equitable policyholders are given full advice and this is the first of a number of products aimed at this market.

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