FundsNetwork reveals IHT plan

The newly-launched trusts available via the platform’s website include: the FundsNetwork Bare Gift Trust, the Funds-Network Discretionary Gift Trust and the FundsNetwork Discret- ionary Will Trust. The company said the open architecture of the new trusts will enable advisers to move clients’ investments between OEICs, unit trusts and SICAVs, as well as applicable product wrappers. This also includes an onshore bond and, shortly, an International (offshore) bond on the platform. Until now, FundsNetwork said the majority of investment trusts offered via life companies tended only t...