Corporate trustee: Difference between revisions
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''Law''. | ''Law''. | ||
A company, usually with limited liability and on a sole basis, which acts as a trustee. For example, as a Trustee of a pension scheme. | A company, usually with limited liability and on a sole basis, which acts as a trustee. For example, as a Trustee of a pension scheme. | ||
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== See also == | == See also == | ||
* [[Trustees]] | * [[Trustees]] | ||
Revision as of 09:41, 5 August 2013
Law.
A company, usually with limited liability and on a sole basis, which acts as a trustee. For example, as a Trustee of a pension scheme.
The directors of the corporate trustee effectively act as Trustees in the normal sense.
A corporate trustee of a pension fund may be a nominee of the sponsoring company, or entirely independent, as long as it complies with the relevant law.
