Investments  

Old Mutual unveils latest trust

“It is not for everybody, but for the type sort of client - probably those who are pretty cash-rich - to be able to use a trust as part of their retirement planning is not unreasonable.

“For those who decide they don’t need the funds, they can just leave it and have another look next year,” adding that it would probably suit those clients in their 50s and 60s.

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katherine.denham@ft.com