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David Aaron Partnership publishes trustee investments guide

IFA David Aaron Partnership has published a guide dealing with the implications of the Governments trustee bill and the changes made to capital gains tax.

Called Trustee Investments-The New World, David Aaron Partnership claim the guide will help trustees, beneficiaries and IFAs.

Currently £55 billion is held in trusts nationwide and the Government hopes the bill will make it easier for fund managers to invest where they wish subject to two safeguards.

Firstly, trustees must acknowledge the need for diversification and suitability of investments and secondly, they must obtain proper advice when exercising investment powers and reviewing investments.

Changes to capital gains tax will also mean fund managers will have to pay more attention to taxation when making investment decisions.

The new guide is available free of charge by contacting David Aaron Partnership.


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