The Government is introducing legislation in the Pension Schemes Bill to protect people saving for retirement through master trusts. This follows industry concerns on the risks to members of a master trust failing. In this article, we consider the changes being introduced, why they are needed and their likely effect (Trust Advice).
A landed family has successfully varied an outdated trust to give any future same-sex partners of descendants the same rights as heterosexual spouses (Trust Advice).
Aviva has launched a Group Life Master Trust aimed at offering protection solutions to small and medium size enterprises (Trust Advice).