​TRUSTEE EFFECTIVENESS AND PENSION SCHEMES BOARD DYNAMICS WORKSHOP
Fiduciary responsibilities and obligations of Trustee in the Dynamic
7/23/24, 8:30 AM - 7/23/24, 9:00 AM (Africa/Nairobi) (30 minutes)

Finnet Trust is a leading provider of trusted services in governance consulting, pension advisory and employee benefits, insurance risk intermediation, and training services. Our governance consulting services cater to pension funds, public institutions, SMEs, and corporate organizations.


A trustee acts as a fiduciary, meaning they hold a legal and ethical duty to act in the best interests of someone else, the beneficiary. This applies especially in dynamic situations, where the trustee must manage trust assets carefully and adapt their decisions as circumstances change. Their core obligations include: 

  • Loyalty: Putting the beneficiary's interests first, even above their own.
  • Impartiality: Treating all beneficiaries fairly if there are multiple.
  • Prudence: Making sound investment decisions and managing the trust responsibly.
  • Obedience: Following the terms of the trust agreement.

These responsibilities ensure the trustee acts with integrity and protects the beneficiaries' stake in the trust, even in a changing environment.