• By joining forces and creating a larger fund, clients can get more choice about how to invest

  • Family Suntrust – a pension for groups such as families or business partners

    From 05 August 2016, it is not possible to quote for new Family Suntrust schemes.

    It is still possible for new participants to join and top up investments within existing schemes.

    Investing as a group, alongside family members including children, or business partners, means that clients can access options that are usually only available to larger funds. This can be a great option for families, and can be a great way to introduce children or grandchildren to the world of financial planning.
  • Grand parents and grand daughter

    About Family Suntrust

    Family Suntrust is an individually registered self-invested personal pension where scheme participants invest together to create a pooled fund.

    The more money held in the pooled fund, the more choice your clients have about how to invest it. So, by pooling funds, participants may be able to choose options such as investing in commercial property, or using a discretionary fund manager.

  • You can show your expertise

    Your clients with Family Suntrust really need your support – they need someone to guide their investment choices, and to help them make unanimous decisions. All scheme members must appoint the same adviser.

    This gives you a great opportunity to build stronger relationships with your clients. It allows you to show the depth of your expertise to them – and potentially to a new generation of investors.

  • Common Questions

    The minimum contribution or transfer amount is £1,000. However if an individual wishes to join a scheme by transferring in a drawdown fund, then the minimum is £10,000.

    Anyone of any age can join as long as they live in the UK and existing participants agree to them joining. If they are under 18 their parent or legal guardian must also be a participant and agree to act on their behalf.

    Your clients can take their share of the pooled fund at any time from their 55th birthday onwards. It may be possible to take benefits earlier than this in the event of ill-health or for protected pension ages.

    Yes as long as they live in the UK. If they are under 18 their parent or legal guardian must also be a participant and agree to act on their behalf.

  • Know more LightBlue

    Literature library

    View our wide range of Family Suntrust guides, forms and other literature in our library.

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    Want to know more?

    Call us on 0345 034 2170. Lines are open between 8.30am and 5.30pm, Monday to Friday.

  • We sometimes record telephone calls to help with training, service and security.
  • Please bear in mind

    All of your clients need to agree decisions unanimously - so no one individual will have control of all the decisions.

    The value of your client's investments can go down as well as up. It is not guaranteed, which means your clients could get back less than they originally paid in. Tax and legislation are likely to change in the future, and the information above is only our interpretation of current law and HMRC rules. The value of any tax benefits will depend on your client's personal circumstances.