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Axa Winterthur Wealth Management is launching a group Sipp to allow family members and others access to scheme pension, efficient pooled investment options and enhanced income withdrawals and allowing inheritance tax to be minimised.
Called the Family Suntrust, the product is a group Sipp written under its own trust to allow efficient management of pooled assets, including commercial property, by families, business partners and groups of individuals wanting to invest together. The name reflects Axa's Sun Life brand.
The Family Suntrust allows members to benefit from ASP and UP at retirement, as well...