LV= launches trust tool

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LV= has launched a free online tool to help advisers write new and existing life policies in trust from any provider.

A recent LV= survey found that nearly a quarter (23%) of IFAs avoid writing policies in trust because they don't understand them or aren't confident explaining trusts to clients. The Trustbuilder tool features an online decision tree to help decide whether a trust is needed and which is the most suitable trust for clients. Advisers can then input key details online, such as the appointed trustees and beneficiaries, and produce pre-populated forms. They can also download a guide to trusts and look at useful information ahead of talking to clients. Mark Jones, LV= Head of Protecti...

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