Corporate trustee: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Category added 8/10/13) |
imported>Doug Williamson m (Wiki/Gloss Law/Fin Reg check - added 1 line space before see also) |
||
| Line 6: | Line 6: | ||
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. | 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]] | * [[Trustees]] | ||
[[Category: | [[Category:Compliance_and_audit]] | ||
Revision as of 14:42, 22 January 2014
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.
