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Scottish Trust Deed additional monthly payment

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(@lee1974)
Active Member
Joined: 14 years ago
Posts: 15
Topic starter  

I got a phone call out of the blue today from a representative from the Scottish Trust Deed saying i need to pay them £20 per month as some kind of insurance policy to cover sickness etc. I was told this was included in my expenditure calculated by KPMG. They also said they work alongside KPMG but KPMG never told me about this.

Is this the normal thing to happen?.

lee


   
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Mark McFadyen
(@mark-mcfadyen)
Famed Member
Joined: 16 years ago
Posts: 4798
 

Hi lee1974

I would be very wary of this. My advice would be to only deal with written requests from your trustee and certainly reject any request for 'insurance' payments.

Mark

Mark is not posting regularly in the Trust-deed.co.uk forum.


   
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