Changes to the Trust Registration Service
The Trust Registration Service (TRS) is a government register of the beneficial ownership of trusts. It was established initially for trusts where the trustees were liable to pay tax within the trust. However, new requirements have been introduced in alignment with the Fifth Money Laundering Directive proposals which now extend the scope of registering trusts on the UK Trust Register regardless of the trustees being liable to pay tax (with the exemption of some excluded trusts).
Matrix To Continue Advising Jackpot Winners
Matrix Capital originally started working with NS&I to offer an advisory service to the two winners of the £1m Premium Bonds Jackpot each month back in 2014, after a successful bid as part of a national tender process.
In 2017, the contract was re-tendered and once again, Matrix Capital came out on top in a contract running until 31st March 2021, with the option to extend until 2023.
Matrix Capital are delighted to be furthering their relationship with NS&I and to have the opportunity to help the lucky winners over the next two years.
Vulnerable Client or Vulnerable Circumstances
Read Robin's latest article, as featured in the STEP Journal - Issue 2 2021, which provides a Financial Planner's perspective on how best to advise clients in vulnerable circumstances.
Download the article below:
Robin Melley, ‘Vulnerable client or vulnerable circumstances?’, STEP Journal (Vol29 Iss2), pp.72-73.
Guiding the Vulnerable
This topical article from the Personal Finance Professional digital magazine, featuring our very own Robin Melley, delves into the issue of vulnerability, the need for a multidisciplinary approach and why taking steps to safeguard those in vulnerable circumstances is more relevant now than ever before.
Next of Kin - A Common Misconception
Professor Keith Brown, Director of the National Centre for Post-Qualifying Social Work (NCPQSW), shares his work on the term next of kin; end of life care; and how we all need to be prepared for our futures, based on work conducted at Bournemouth University. To access resources from NCPQSW including the full Next of Kin guide, please click here.
Robin and the team are delighted to have received an endorsement from Prof. Brown for our approach towards Financial Vulnerability. Click here to find out more about the commitments that we have made to ensure we are 'a safe pair of hands' for clients.