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6 Cards in this Set
- Front
- Back
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Nestle v Natwest
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t's have a duty to act even handedly towards the different classes of beneficiary in the light of all the circumstances
Trustees must prepare a modern risk balanced portfolio |
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TA 2000
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can be expressly altered or excluded by the trust instrument
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Cowan v Scargill
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T's paramount duty is not ethical investments but to provide the greatest financial benefits for present and future B's
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Harries
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charitable trusts might be able to avoid investments which clashed with their objectives even if this caused a loss
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Martin
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simply adopting an ethical policy without considering the financial interests of beneficiaries will be a breach of trust
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Fry v Tapsom
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T's should not employ agents to carry out tasks outside of their ordinary course of business
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