The investment of trust property is one that requires a specific approach. Whether it be set income or growth targets or restrictive constraints for consideration, each trust will have been created with a particular purpose and set of objectives. Hence trustees will have to carefully consider the approach taken with the funds.

As Trustees, the following statements in relation to the Trustee Investment Act 2000 will of course be familiar to you:

Before exercising any power of investment, a trustee must obtain and consider proper advice about the way in which, having regard to the standard investment criteria, the power should be exercised.

When reviewing the investments of the trust, a trustee must obtain and consider proper advice about whether, having regard to the standard investment criteria, the investments should be varied.

Proper advice is the advice of a person who is reasonably believed by the trustee to be qualified to give it by his ability in and practical experience of financial and other matters relating to the proposed investment.


Most responsible trustees would agree that whether required under legislation or not it is good practice to adhere to this guidance.

Please note trust planning is not regulated by the FCA.

 
THE VALUE OF YOUR INVESTMENTS AND ANY INCOME DRAWN FROM THEM, MAY GO DOWN. FURTHER, YOU MAY NOT GET BACK THE ORIGINAL AMOUNT YOU INVESTED.

Allen Charlton Wealth Management Ltd is an appointed representative of TenetConnect Limited, which is authorised and regulated by the Financial Conduct Authority.

Allen Charlton Wealth Management Ltd is entered on the Financial Services Register (www.fca.org.uk/register) under reference 586054.

Registered in England and Wales under reference 8141709.

Registered office address

Allen Charlton Wealth Management Ltd
King Business Centre
Reeds Lane
Sayers Common
West Sussex
BN6 9LS
Tel : 01273 833 131
Fax : 01273 832 388