Axa launches Sipp wrapper trust

Family Suntrust to provide a wide range of investment options, appealing to investors who want to harness purchasing power

Axa Winterthur Wealth Management has launched its Family Suntrust, which provides groups of individuals with a wide range of investment options through a single Sipp wrapper. The trust will appeal to groups including families or business partners who want to harness the purchasing power of pooling their investments. It could also appeal to retirees approaching 75 who want an alternative to an annuity or alternatively secured pension (ASP). Members can choose from a range of self-investment solutions including stocks, shares and collective investments, which may be run by a discretionary...