What makes someone a professional trustee? Scheme governance requirements are increasingly heavy, and there is a growing trend to recognise the time commitment and responsibility by paying trustees – ...

When a trust is created, three distinct roles define how it functions: the grantor, the trustee and the beneficiary. The grantor sets up the trust and contributes the assets. The trustee manages those ...

Choosing a trustee to manage your estate when you are gone is an important decision, and one that should not be taken lightly. Depending on the type of trust you are creating, the trustee will be in ...

The Pensions Regulator (TPR) has revised its definition of a 'professional trustee' as it moves to improve standards and introduce accreditation of the role. The definition, which comes after an ...

If you’ve been appointed as a successor trustee, you likely have some questions about your duties, responsibilities, and any financial risks you might face. This article breaks down the role of the ...

The industry has welcomed The Pensions Regulator's (TPR) revised definition of professional trustee, but has warned all trustees to be aware of the updated monetary penalty policy. The regulator now ...

When New Jersey adopted the Uniform Trust Code, in large part in 2016, it seemed to make successor trustee appointments and the filling of vacancies in the role of trustee more efficient, supporting ...