Trust deed

9 MAR

A trust deed is a legal document that sets out the rules for establishing and operating a fund. It includes the fund’s objectives, who can be a member and whether benefits can be paid as a lump sum or as an income stream. The trust deed and superannuation laws together form the fund’s governing rules. The trust deed must be: prepared by someone competent to do so as it’s a legal document; signed and dated by all trustees; properly executed according to state or territory laws; regularly reviewed, and updated as necessary.

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