Our Masterclass webinar will discuss in detail investing in Trusts, the responsibilities of the Trustee and those of the Financial Adviser in advising and reviewing Trustee investments.
Christopher Saunders, Investment Manager with WHIreland, will also be featuring as a guest speaker.
What’s covered?
Our aim is to make Trust planning simpler, slicker and more accessible.
What Corporate Trustees look for in a recommendation
- Countrywide Tax & Trust Corporation Ltd and our guest speaker Christopher Saunders from WHIreland, will take a different but potentially rewarding approach to make investments work for industry professionals.
- We will explore the application of The Trustee Act 2000 (including Section 5), drawing on our wealth of experience within Countrywide Tax and Trust Corporation Ltd and ‘from the other side of the fence’ with Christopher.
Initial suitability and ongoing advice
A user-friendly guide as to what we look for as Corporate Trustees in terms of the investment documentation – in particular the client suitability report:
- What it should include
- What it should NOT include
The aim is to ensure that a slick and compliant process, from the initial meeting to the receipt of the policy documents, is achieved.
Taxation
- What needs to be covered and why
- Why Investment Bonds – onshore and offshore – often provide the most suitable wrapper and when and why they don’t for certain types of Trusts
Additionally, we will also cover a brief overview of the implications when holding investments in Trusts and how to effectively manage them from a taxation perspective – encashment in part or whole.
Reporting and Due Diligence
- A brief guide to what is required when reporting the Trustees of a Trust
- What is expected of Financial Advisors in terms of information flows and ongoing input
The responsibility of the Investment Adviser
- The importance of the flexible investment approach for the often differing needs of a Trust with multiple Beneficiaries, including the limitations that some approaches impose.
- The role of a Discretionary Fund Management (DFM) and when this may be appropriate as opposed to the use of “insured funds”.
Meet Christopher Saunders
Chris is a Chartered Wealth Manager and has over 10 years’ experience managing investments for individuals, trustees, corporates and funds.
He co-founded his current team at WHIreland back in 2008 and focuses on developing services to financial advisers and other intermediaries and works with many leading IFA groups and accountancy networks in the UK and overseas.
Chris guides intermediaries through the investment process, assists in liaison with platform providers, pension providers and life offices and provides full on-going support. He also specialises in charting techniques and tools to identify trading opportunities for portfolios. He is also a Chartered Member of the CISI with a Masters in Wealth Management.
Book your place on our free webinar now!
All Webinars commence at 10:00am and finish at 11:00am.
This article was submitted to be published by Countrywide Tax & Trust Corporation Ltd as part of their advertising agreement with Today’s Wills and Probate. The views expressed in this article are those of the submitter and not those of Today’s Wills and Probate.
