Canada Life's Thompson on flexible reversionary trusts

Added 27th May 2016

Canada's Life's tax and estate planning consultant Paul Thompson outlines the benefits of flexible reversionary trusts.

He highlights their growing value in terms of topping up retirement income following the UK government's move to reduct the life time allowance for pension savings to £1m ($1.5m, €1.3m) this year.

Thompson also notes these trusts can be beneficial for clients already in retirement who can use the structure to both receive benefits for themselves and pay things like school fees for grandchildren.


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Richard Hubbard

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Richard Hubbard is the group editor at Last Word. He is responsible for the editorial content of International Adviser, Portfolio Adviser, Expert Investor and Fund Selector Asia. Richard previously worked for Thomson Reuters and has covered the financial services industry and investment themes from its offices in London, Singapore, Hong Kong and New York. Richard started his career at the Australian Financial Review in Sydney.


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