This week is Talk Money Week, a campaign created by The Money and Pensions Service to try and encourage people to talk openly about money to improve their financial wellbeing. This is a campaign which we really support as, even in 2020, money can still be seen as a rather taboo subject with 9 in 10 UK adults* finding it difficult to talk about money, or not even discussing

Previously, Trusts only needed to be registered with HMRC’s online Trust Registration Service (TRS) if they generated a tax consequence. But new rules, introduced to tackle money laundering as part of the EU Fifth Anti-Money Laundering Directive (5AMLD), mean that many more will need to register.

Trustees need to take note.

We work closely with WAY Investment Services