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Corporate trustee, trust, Trust review, Trustee Act, Trustees, Trusts Bill

The future of trust administration

The roles of trustees and trust administrators can be a rewarding but difficult role.  With the prospect of a Trusts Act in the foreseeable future (see Trusts Bill released 1 august 2017) trustees and trust administrators need to be match fit.  Increased reporting obligations under CRS, AML/CFT and FATCA are another matter for consideration.

For anyone wanting to dive deeper into best practice specifically for Trust Administrators, a starting point could be to join Lindsay Pope and the CCH Learning team for a webinar Tuesday, 19 September.    Lindsay has interviewed some top trust administrators and will be sharing their insights and suggested practices for being diligent in the Trust Administrator role.  You can find more details here.

Also see: Trustee Support – Work to a Defined Standard

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