Aegon tool highlights importance of trusts

The tool will analyse the client's situation, showing the advantages and disadvantages of a trust for their individual circumstances. The provider warned that a range of problems and delays can arise when claiming on a life insurance policy which has not been written in trust. And with as few as 6% of protection policies placed under trust, it highlighted that many families may be unaware they are leaving themselves vulnerable to these obstacles. "If a policy hasn't been written under trust, payment to the intended beneficiaries may be delayed, payment may not go to the intended be...