Friday, October 29, 2021

Public Trustee to be overseen by new board under proposed laws in Queensland

 Eight months after a scathing report into Queensland's Public Trustee, the state government has introduced legislation to establish an advisory board for the office.

The Public Advocate raised concerns about a range of practices that "fell short" of the Public Trustee's legal and fiduciary duties in a report that was tabled in Parliament in March.

The report documented fees for no services, high fees for asset-rich pensioners and multiple charges for managing the same funds for things like superannuation.

Read More: https://www.abc.net.au/news/2021-10-29/qld-public-trustee-parliament-legislation-advisory-board/100578412



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