Leopold Joseph is marketing a trust wrapper service to the intermediary market. The Wealth Protectio...
Leopold Joseph is marketing a trust wrapper service to the intermediary market. The Wealth Protection Trust, which has a set an upfront fee of £250 and an annual trustee fee of £250, was originally designed as an add-on to the independent City-based bank's existing specialist trust services. Shaun Lacey, executive director of the trust, said it had been developed to appeal to asset managers and IFAs. He said: "It will open up substantial opportunities for intermediaries and their clients by providing lifetime estate planning, without the high fees normally associated with a conventiona...
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