Pointon York creates Family Trust

The Family Trust allows members to appoint Pointon York's own trustees, Crescent Trustees, rather than acting as member trustees themselves and can be used to deliver scheme pensions, the SIPP provider says. "Our bespoke Family Trust product can deliver scheme pension in retirement to ensure that the savings amassed by its members are used in the most effective manner," says Catherine Christopher, technical specialist at Pointon York. "Crucially, under new legislation from April, scheme pension will be the only way for clients to guarantee the £20,000 per annum minimum income threshol...