United Kingdom: Wealth & Asset Management

Family Limited Partnerships (FLPs) offer families a sophisticated approach to succession planning by enabling the transfer of wealth to future generations while maintaining control over assets. This structure provides an alternative to traditional trusts, particularly beneficial for families navigating complex tax environments or seeking enhanced asset protection. Discover how FLPs can support long-term wealth preservation through strategic division of economic interests and management rights.

The UK's new Consumer Composite Investments regime introduces significant changes for UCITS and AIFMs marketing to retail investors, requiring new product summary documents and machine-readable disclosures by June 2027. Manufacturers and distributors must navigate enhanced collaboration requirements, revised documentation standards, and updated regulatory obligations that will fundamentally reshape how investment products are presented to UK retail consumers.

Every financial remedy case in the family Courts starts with the same foundation – full and frank disclosure. This is the duty of each party to provide a complete, truthful and continuing account of their financial position. It is not a technicality. It is the very mechanism by which the Court, or the parties through negotiation, can determine what a fair settlement looks like.