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Hi, what do you make of this, regarding the discretionary commission on vehicle finance that my provider has sent to me:
My parents are looking to setup a trust to gift some money to grandkids. I understand the differences between bare vs discretionary trust. If the tax is not so punitive we would like to use discretionary given the control.
Just to say thank-you to the team. I used the MSE letter template and and have received a reply from my finance company Motofinance that my vehicle did involve a discretionary commission arrangement. (WOW I never knew...
I used the MSE tool to reclaim potential discretionary commission on two BMW's that I had PCP contracts for.
Hi I wrote to Stellantis Financial Services UK using the template provided by Money Saving Expert regarding the unfair practice of hidden commission on motor finance.
Thank you for your recent enquiry in relation to a Discretionary Commission Arrangement ("DCA"). Our records show that a commission of £589.11 was paid in relation to your/your client's agreement, however, due to the ...
This sounds more like an immediate post death interest trust rather than a discretionary trust (at least I hope it is) so this should not make the probate / IHT process anymore difficult as your mother’s entire estate...
My company has made a discretionary increase twice over the last 20 years, each time of a couple of percent or so, so in my retirement plans I've discounted any such increases.
Does anybody have recent experience of how DWP now treat discretionary trusts primarily for those on means tested benefits
Looking for a bit of advice as a total newbie to investment other than simple savings accounts.
