About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds Other Sites:   depositrates.co.nz  |   landlords.co.nz
Last Article Uploaded: Tuesday, June 27th, 12:20PM
Check out GoodReturns TV now! Dismiss
rss
Investment News

New approach to trustee services

As anyone who wants to protect their assets knows, a trust is a sensible and practical option and can be central to an asset protection plan. However, it can be a daunting process deciding who should be the trustees and what ongoing professional assistance may be needed to ensure that it does not become a future nightmare.

Wednesday, August 1st 2001, 11:15AM
Options for trustees
Through its new Flexi Trust Services, Guardian Trust aims to make the process simpler so that clients can tailor both their trust and its on going administration to suit their needs and particular circumstances. This new approach aims to give clients real options and choices when establishing their trusts and as their circumstances change over time.

"While we are making it easier for people to set up and run their trusts the way they want, we are also making sure they comply with all their duties and responsibilities and have the right help when they need it. It's a good balance of professional and personal involvement," says Tony Kinzett, National Sales & Marketing Manager, Guardian Trust

Flexibility
Guardian Trust recognises that not everyone's requirements are the same. The first new option they offer is the Flexi Trust Service. Developed as a "pick and mix" service offering trustees a choice of support services, this range includes all the initial steps necessary to establish the trust and settle assets as well as the gifting, trustees administrative duties, taxation, accounting and investment services.

Because Flexi Trust services are available individually, clients can choose to take care of any aspects of their trust management with which they feel confident and capable, and outsource other tasks to Guardian Trust.

For clients who want more regular assistance with their trust management, but still want to act as trustees, Guardian Trust offers the option of their new Trust Monitoring Service. This is a cost effective package of all trustee services that need to be carried out regularly and helps ensure that the trust is professionally and expertly managed, whilst overall control of the trust remains in the hands of the private trustees.

In addition, Guardian Trust continues to offer their Full Trustee Service where they will take up appointment as trustee, either on their own or together with another nominated person.

Value for money
The flexibility of these options mean people can establish the level of service that best suits their unique needs, and they only pay for the services they choose. The ability to select the services in this way provides private trustees with real value.

"All too often we are seeing trusts that have been established with little or no on-going professional support. Armed with no more than general advice contained in popular books or incomprehensible pages of legal notes, many clients are confused about what they should be doing. In some cases the results are disastrous, with trustees potentially facing large tax bills, penalties and professional fees" says Mr Kinzett.

Find out more now
This new approach by Guardian Trust is a breakthrough in trust establishment and management services in New Zealand. To find out more about these options, contact Guardian Trust toll free on 0800 801 135.
 
 
 
« Last quarter's winners and losersKing builds an empire »

Special Offers

Commenting is closed

 

print

Printable version  

print

Email to a friend

Good Returns Investment Centre is bought to you by:

Subscribe Now

Keep up to date with the latest investment news
Subscribe to our newsletter today

Edison Investment Research
  • ScotGems
    26 June 2017
    Focused portfolio with initial Asia ex-Japan/EM tilt
    ScotGems (SGEM) has commenced dealing on the London Stock Exchange today, having raised £50.3m via an initial placing and offer for subscription....
  • Martin Currie Global Portfolio Trust
    26 June 2017
    Global equity exposure with low volatility
    Martin Currie Global Portfolio Trust (MNP) aims to generate long-term capital growth from a portfolio of high-quality, primarily large-cap global equities....
  • JPMorgan European Smaller Cos
    22 June 2017
    Finding exciting investment opportunities
    JPMorgan European Smaller Companies Trust (JESC) aims to generate long-term capital growth from a portfolio of European (ex-UK) small-cap equities. Despite...
  • JPMorgan Global Growth & Income
    21 June 2017
    Strong outperformance from focused global fund
    JPMorgan Global Growth & Income (JPGI) is a 50-90 stock portfolio of global equities, chosen by manager Jeroen Huysinga from the output of a rigorous,...
  • Tetragon Financial Group
    15 June 2017
    Celebrating 10 years since its market debut
    Tetragon Financial Group (TFG) achieved an 8.5% NAV total return in 2016, with positive contributions from all asset classes. Tender offers totalling US$150m...
  • Ocean Wilsons Holdings
    13 June 2017
    Wilson Sons’ Q1 shows further resilience
    Ocean Wilsons (OCN) is an investment holding company with a controlling interest in Wilson Sons (WSON), a long-established maritime services company in...
© 2017 Edison Investment Research.

View more research papers »

Today's Best Bank Rates
Heartland Bank 2.75  
Based on a $50,000 deposit
More Rates »
Cash PIE Rates

Cash Funds

Institution Rate 33% 39%
ANZ 0.10    0.10    0.11
ASB Bank 0.40    0.41    0.42
ASB Bank 0.55    0.59    0.56
ASB Bank 0.60    0.61    0.64
ASB Bank 0.65    0.66    0.69
ASB Bank 0.70    0.72    0.75
BNZ 0.10    0.10    0.10
Heartland Bank 2.25    2.59    2.70
Kiwibank 0.75    0.77    0.88
Kiwibank 1.75    1.81    1.89
Nelson Building Society 3.75    3.90    4.08
RaboDirect 1.00    1.02    1.07
SBS Bank 1.80    1.86    1.94
TSB Bank 1.60    1.64    1.71
Westpac 0.35    0.36    0.38
Westpac 0.10    0.10    0.11
Westpac 2.10    2.16    2.26

Term Funds

Institution Rate 33% 39%
ANZ Term Fund - 90 days 2.75    2.60    2.79
ANZ Term fund - 12 months 3.35    3.45    3.60
ANZ Term Fund - 120 days 3.00    3.09    3.22
ANZ Term fund - 6 months 3.30    3.45    3.60
ANZ Term Fund - 150 days 3.15    3.34    3.49
ANZ Term Fund - 9 months 3.50    3.70    3.87
ANZ Term Fund - 18 months 3.75    3.70    3.87
ANZ Term Fund - 2 years 3.90    3.85    4.02
ANZ Term Fund - 5 years 4.30    4.27    4.47
ASB Bank Term Fund - 90 days 2.60    2.67    2.79
ASB Bank Term Fund - 6 months 3.20    3.29    3.43
ASB Bank Term Fund - 12 months 3.20    3.33    3.48
ASB Bank Term Fund - 18 months 3.50    3.65    3.81
ASB Bank Term Fund - 2 years 3.65    3.81    3.98
ASB Bank Term Fund - 5 years 4.10    4.28    4.48
ASB Bank Term Fund - 9 months 3.60    3.75    3.92
BNZ Term PIE - 120 days 3.00    -    -
BNZ Term PIE - 150 days 3.15    3.38    3.53
BNZ Term PIE - 5 years 4.25    3.86    4.04
BNZ Term PIE - 2 years 3.85    3.91    4.09
BNZ Term PIE - 18 months 3.60    3.65    3.81
BNZ Term PIE - 12 months 3.15    3.38    3.53
BNZ Term PIE - 9 months 3.50    3.75    3.92
BNZ Term PIE - 6 months 3.10    3.28    3.42
BNZ Term PIE - 90 days 2.75    2.82    2.95
Co-operative Bank PIE Term Fund - 6 months 3.40    -    -
Heartland Bank Term Deposit PIE - 12 months 3.40    3.53    3.69
Heartland Bank Term Deposit PIE - 6 months 3.30    3.43    3.58
Heartland Bank Term Deposit PIE - 9 months 3.70    3.85    4.02
Heartland Bank Term Deposit PIE - 18 months 3.30    -    -
Heartland Bank Term Deposit PIE - 2 years 3.30    3.43    3.58
Heartland Bank Term Deposit PIE - 5 years 3.70    3.85    4.02
Kiwibank Term Deposit Fund - 90 days 2.75    2.83    2.96
Kiwibank Term Deposit Fund - 6 months 3.30    3.39    3.55
Kiwibank Term Deposit Fund - 12 months 3.20    3.39    3.55
Kiwibank Term Deposit Fund - 150 days 3.55    3.65    3.81
Kiwibank Term Deposit Fund - 120 days 3.00    3.09    3.22
Kiwibank Term Deposit Fund - 9 months 3.30    3.39    3.55
RaboDirect Term Advantage Fund - 12 months 3.40    3.50    3.65
RaboDirect Term Advantage Fund - 6 months 3.35    3.45    3.60
RaboDirect Term Advantage Fund - 90 days 2.85    2.93    3.06
Westpac Term PIE Fund - 150 days 2.80    2.88    3.00
Westpac Term PIE Fund - 120 days 3.30    3.38    3.53
Westpac Term PIE Fund - 18 months 3.20    3.29    3.43
Westpac Term PIE Fund - 12 months 3.40    3.49    3.65
Westpac Term PIE Fund - 6 months 3.35    3.44    3.60
Westpac Term PIE Fund - 9 months 3.10    3.17    3.32
Westpac Term PIE Fund - 90 days 2.50    2.56    2.67
Westpac Term PIE Fund - 2 years 3.70    3.79    3.96
About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox
 
Site by Web Developer and eyelovedesign.com