Trusts

Our range of trusts are suitable for clients living in the UK, and offer opportunities to reduce inheritance tax.

Fixed Gift Trust

By establishing an outright gift for named benficiaries, your client can take advantage of the potentially exempt transfer regime for inheritance tax purposes.

Flexible Gift Trust

Written on a discretionary basis, the trust allows your client to retain maximum control and flexibility, while helping to reduce potential inheritance tax.

Fixed Discounted Gift and Income Trust

The trust is established on an absolute trust basis. It allows your client to reduce their potential inheritance tax liability while retaining the right to a fixed income for life.

Flexible Discounted Gift and Income Trust

Enables your client to make a gift for inheritance tax purposes while retaining the right to a fixed income for his or her lifetime.

Fixed Loan Trust

Enables your client to achieve inheritance tax savings over time while allowing for continued access to their original capital.

Flexible Loan Trust

Enables your client to achieve inheritance tax savings over time while allowing for continued access to their original capital.

Probate Trust

Written on an absolute basis for the settlor so there are no inheritance tax implications on creation of the trust. The trust is designed for use with our Global Investor.

Bypass Trust

Appropriate if your client is a member of a pension scheme in which the administrators or trustees are able to pay the death benefits to another settlement.

Excluded Property Trust

Designed to help non-UK domiciled or deemed domiciled clients protect their overseas assets from UK inheritance tax should they later become UK domiciled or deemed domiciled.

Revert to Settlor Trust

Designed specifically for use with the Regular Savings Plan.

Discretionary Trust for OEICs

Designed specifically for use with the Scottish Widows OEIC. The trust is written on a discretionary basis for a wide class of beneficiaries.

Trusts focus

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Scottish Widows plc, registered in Scotland number 199549. Registered office in the United Kingdom at 69 Morrison Street, Edinburgh EH3 8YF. Telephone: 0131 655 6000. Scottish Widows plc is authorised and regulated by the Financial Services Authority. Our FSA register number is 191517.

Scottish Widows Unit Trust Managers Limited, registered in England and Wales number 1629925. Registered office in the United Kingdom at Charlton Place, Andover, Hampshire SP10 1RE. Telephone: 0845 300 2244. Scottish Widows Unit Trust Managers Limited is authorised and regulated by the Financial Services Authority. Our FSA register number is 122129.

Clerical Medical Investment Group Limited, registered in England and Wales number 3196171. Registered office in the United Kingdom at 33 Old Broad Street, London EC2N 1HZ. Authorised and regulated by the Financial Services Authority. Our FSA register number is 181655.

CMI Insurance Company Limited. Scottish Widows is a trading name of CMI Insurance Company Limited. CMI Insurance Company Limited, registered in Isle of Man number 33520. Registered office in the Isle of Man at Clerical Medical House, Victoria Road, Douglas, Isle of Man, IM99 1LT.

HBOS Investment Fund Managers Limited, registered in England number 941082. Registered office in the United Kingdom at Trinity Road, Halifax, West Yorkshire HX1 2RG. HBOS Investment Fund Managers Limited is authorised and regulated by the Financial Services Authority.

St Andrews Life Assurance plc, registered in England and Wales number 3104670. Registered office in the United Kingdom at 33 Old Broad Street, London EC2N 1HZ. Authorised and regulated by the Financial Services Authority. Our FSA register number is 189101.

Scottish Widows Bank plc, registered in Scotland no. 154554. Registered office in the United Kingdom at PO Box 12757, 67 Morrison Street, Edinburgh EH3 8YJ. Scottish Widows Bank plc is authorised and regulated by the Financial Services Authority. Our FSA register number is 201601. The main business of Scottish Widows Bank is arranging, entering into and administering mortgages and accepting deposits.

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