Rowanmoor Family Trust amasses £73m

Rowanmoor says 450 members have joined the discretionary trust, which functions like a small self-administered scheme (SSAS) while using personal pension principles, across 141 schemes. Non-family schemes make up 11% of the Family Pension Trusts and commercial property investments currently account for 33% of the trust’s assets Ian Hammond, managing director of Rowanmoor Pensions, attributes the take-up to the flexibility the trust offers, such as the scheme pension option at retirement. He says: “The continued interest in commercial property as an investment option within the product ...