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By investing together with family or business partners, this individually registered self-invested pension allows participants to access options that are usually only available to larger funds.
For clients looking to get a guaranteed income for life, an annuity can be arranged through us or another provider.
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 participants must appoint the same
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.
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 guardian must also be a participant and
agree to act on their behalf.
Your clients can take their benefits 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. If they are under 18, their parent or guardian must also be a
participant and agree to act on their behalf.
You can access and download our range of Family Suntrust guides, forms and other literature.
Find out how your clients can access their retirement income via our drawdown options.
Access fund information for Family Suntrust schemes invested in the Phoenix Wealth Trustee Investment Plan.
Lines are open between 8.30am and 5.30pm, Monday to Friday.
We sometimes record telephone calls to help with training, service and security.
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.