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What is Trustee Act 2000: Key Provisions Explained about?

The Trustee Act 2000 modernizes the powers and duties of trustees in England and Wales, introducing default powers and statutory duties, including a duty of care and requirements for investment diversification and suitability. It allows trustees to invest in a wider range of assets and to delegate certain functions, while imposing safeguards to protect beneficiaries

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chigolomondomabvuto

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EN