Trustee definition

A trustee is a person or company that oversees property or assets for the benefit of a third party.

The trustee is legally bound to act in the best interests of the beneficiary, and cannot benefit from their position unless the trust specifically allows for the trustee to be paid for their services.

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The value of shares, ETFs and ETCs bought through a share dealing account, a stocks and shares ISA, a SIPP or an IG Smart Portfolio can fall as well as rise, which could mean getting back less than you originally put in. Spread bets and CFDs are leveraged products and can result in losses that exceed deposits. Spread betting and CFD trading are not permitted within the IG SIPP. Please ensure you fully understand the risks and take care to manage your exposure.

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