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29 February 2012

do I need a deed of assignment for the resignation of a trustee

I have investment bonds registered in the name of myself and another trustee although the ultimate benefit is mine. It is now time to transfer each to my sole name. my co-trustee has suggested this and he is no longer registered as an IFA and I need financial advice. the bond 'supplier' is asking for a deed of assignment to be signed and registered. An IFA (registered) has told me this should not be signed merely if one trustee is resigning. could anyone give me any views or questions I should ask. thank you very much

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