NZ CFS L5 Trustee Services case studies
NZ CFS L5 Trustee Services · Put your knowledge to work in context.
The New Zealand Certificate in Financial Services (Level 5) - Trustee Services strand is a specialist qualification for people whose work involves administering trusts or advising on trustee duties: trustee company staff, trust administrators, and advisers who want a formal credential in this area. It sits at Level 5 on the NZQF, which signals applied, technical competence rather than introductory knowledge, so the material assumes you can already read a trust deed and follow a set of instructions without hand-holding. The NZ CFS L5 Trustee Services case studies are 5 cases and about 2,428 words.
1Discretionary Distribution and Conflict of Interest
You are the sole trustee of the Henderson Family Trust, a discretionary trust with assets of 2.5 million. The settlor, Margaret Henderson, is deceased.
557 words, about 3 min2Investment Strategy and Prudent Person Standard
You are the trustee of the Greenfield Trust, which has a portfolio of 5 million. The trust deed allows investments in a wide range of assets but requires the trustee to act as a prudent person would.
502 words, about 3 min3Trustee Liability and Breach of Trust
You are the trustee of the Smith Family Trust. The trust deed requires the trustee to invest only in assets authorised by the deed, which include government bonds, bank deposits, and blue-chip shares.
467 words, about 2 min4AML/CFT Obligations and Trust Administration
You are a trustee company providing trustee services for the NZ Family Trust. The settlor is a New Zealand resident, but the trust has a beneficiary who is a resident of a high-risk country.
398 words, about 2 min5Beneficiary Rights and Trust Information
You are the trustee of the Taylor Family Trust. The trust has three beneficiaries: the settlor's two children from his first marriage (Anna and Bruce) and his second wife (Catherine).
504 words, about 3 min