Beneficiary Funds & Trustees Duties - Principal Officers Association

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Trustees duties - selecting a Beneficiary Fund• PF 130 requires service provider policies• Policy to set out:− Governance− Operationalrequirements• Initial & ongoing reviews

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Trustees duties - selecting a Beneficiary Fund• Trustees have afiduciary duty: act withdue care & diligence:− Those entrusted mustprudently managemonies− Ensure beneficiary hasongoing financialsupport

Page 1 and 2: Title- Now more than ever -Benefici
Page 3 and 4: What went wrong iro the Living Hand
Page 5 and 6: More protection for BeneficiariesNe
Page 7 and 8: What is a Trustees role iro Benefic
Page 9 and 10: When do we pay monies into a Benefi
Page 11: When do we pay monies into a Benefi
Page 15 and 16: Service provider policy - governanc
Page 17 and 18: Review• Trustees toinvestigatesou
Page 19: Any Questions?

Beneficiary Funds & Trustees Duties - Principal Officers Association

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