{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"176 FCA warns about Asset Protection Trusts","description":"The FCA has issued a warning about the mismanagement of Asset Protection Trust Schemes. They\u2019re concerned about the number of firms mis selling trusts on behalf of Trustees who don\u2019t understand what they\u2019re invested in or what benefits the trusts actually provide. &amp;nbsp; Asset Protection Trusts are trusts into which you typically transfer assets, often including your home, during your lifetime. Some people fall victim to unscrupulous or unqualified advisers who suggest these trusts provide specific protection from Inheritance Tax or are a good place to shelter your assets from any liability for paying care fees. &amp;nbsp; In this podcast episode, learn about the common traps people fall into when setting up Asset Protection Trusts, the genuine benefits they offer and reasons to consider one, and how to check whether your trust is suitable for you. &amp;nbsp; USEFUL LINKS FCA\u2019s ScamSmart website: https:\/\/www.fca.org.uk\/scamsmart Society of Estate &amp;amp; Trust Practitioners: https:\/\/www.step.org\/directory\/members &amp;nbsp; \u2714\ufe0f Subscribe to my Channel here&amp;nbsp; https:\/\/www.youtube.com\/c\/JustinKingMFP\/?sub_confirmation=1 &amp;nbsp; \ud83c\udf99\ufe0f Subscribe to The Retirement Caf\u00e9 Podcast here https:\/\/podcasts.apple.com\/gb\/podcast\/the-retirement-caf%C3%A9-podcast\/id1441976448 &amp;nbsp; CONNECT WITH ME Thanks for checking out my YouTube channel - I\u2019m Chartered and Certified Financial Planner Justin King and I help people to retire successfully. &amp;nbsp; \ud83d\udcd8 Download my book, Ready, Steady, Retire: https:\/\/wb198-89a1ad.pages.infusionsoft.net\/ https:\/\/www.theretirementcafe.co.uk\/ \ud83d\udc49 Get my weekly newsletter: https:\/\/bit.ly\/MFPnews \ud83d\udc49 MFP Wealth Management: https:\/\/www.mfpwealthmanagement.co.uk\/ \ud83d\udc49 LinkedIn:  https:\/\/www.linkedin.com\/in\/justinking-online-retirement-planner-ifa\/ \ud83d\udc49 Twitter: https:\/\/twitter.com\/JustinKingCFP&amp;nbsp; &amp;nbsp; This video is for information and entertainment only. Nothing on this channel constitutes financial advice. Please do not make any decisions based on the contents of my videos; seek professional independent financial advice first! ","author_name":"The Retirement Caf\u00e9 Podcast","author_url":"http:\/\/retirementcafe.libsyn.com\/website","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/26879664\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/582d40\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/26879664"}