Corporate trustee

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Revision as of 09:56, 8 October 2013 by imported>Doug Williamson (Category added 8/10/13)
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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