Key messages for your suitability ... - Royal London Group
(c) For Both the Power to Adjust and the Unitrust-Where it Would Change an Annuity or a Fractional Payout. Where the instrument describes what the beneficiary is to receive as a fixed annuity or a fixed fraction of the trust, the granting of the power to adjust would be a clear contravention of what the grantor had in mind, since the distributable amount was a definite sum, in the case of a ... ................
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