Opening a trust account can be a daunting and frustrating experience. We’ve got more than fifteen years’ experience helping trustees; our team will deal with all details on your behalf. Our services are hassle free and cost-effective with transparent fixed fees.
A trustee bank account is a way to control assets on behalf of a third party. For example, a trust for a child: the person (or people) named as trustees manage the money until the child reaches a pre-agreed age.
In this example, the child is the beneficiary – the person who benefits from the trust (through investment returns, investment earned etc). The trustee (or trustees) is the person who manages the trust to create those benefits for its owner.
It can be difficult to navigate trusts and open a trustee bank account. We’ll support you every step of the way, explaining what’s required in simple terms, and dealing with banks and building societies on your behalf.
Our four-step journey:
Registered in England and Wales under Number 4830621. Registered Address: 23a Cross Street, Leamington Spa, Warwickshire, CV32 4PX
Trustee Accounts is trading style of Simpson Financial Services Limited which is authorised and regulated by the Financial Conduct Authority. The Financial Conduct Authority does not regulate deposit accounts. We are entered on the Financial Services Register Number 472031 at https://register.fca.org.uk The information contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.
Should you have cause to complain, and you are not satisfied with our response to your complaint you may be able to refer it to the Financial Ombudsman Service, which can be contacted as follows:
The Financial Ombudsman Service, Exchange Tower, London. E14 9SR
Tel 0800 023 4567 or 0300 123 9 123
www.financial-ombudsman.org.uk