DEFINITION
Corporate Trustee

"Corporate trustee": Law. A company, usually with limited liability and on a sole basis, which acts as a trustee. For example, as a Trustee of a pension scheme. The directors of the corporate trustee effectively act as Trustees in the normal sense. A corporate trustee of a pension fund may be a nominee of the sponsoring company, or entirely independent, as long as it complies with the relevant law.
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