Whether the requirements of a trust are to provide capital growth, a regular income or a combination of both, the Trustee Act 2000 provides that trustees who exercise a power of investment must have regard to the suitability of investments in relation to the trust’s objectives, and to the diversification of those investments as far as is appropriate. Trustees are also responsible for keeping the trust’s investments under review, and for considering whether and when they should be varied.

As part of the statutory duty of care, Section 5 of the Act reinforces the duty on trustees to obtain and consider proper advice as to whether investments are satisfactory, bearing in mind the need for suitability and diversification. It is important therefore that trustees seek professional and independent advice when taking responsibility for trust assets.

At CFM we have considerable experience in providing impartial guidance to enable trustees to manage trust assets in an efficient and compliant manner, and offer both an advisory and a discretionary portfolio management service. We will provide a financial review specific to the requirements of the trust, along with an on going review service to help ensure that you are continuing to meet your legal obligations as a trustee.

Whether you require a review of an existing trust portfolio, or advice for new monies to be invested in trust, we have financial planners who are qualified to an advanced level in advising on trustee investments.

At CFM we have considerable experience in providing impartial guidance to enable trustees to manage trust assets…

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