CIPFA and Corporate trustee: Difference between pages
From ACT Wiki
(Difference between pages)
imported>Administrator (CSV import) |
imported>Doug Williamson m (Spacing) |
||
| Line 1: | Line 1: | ||
The | ''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. | |||
== See also == | == See also == | ||
* [[ | * [[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.
