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THE BOARD OF THE Pension Protection Uniform OF CONTINGENT ASSET type B(ii)NI: security over land IN NORTHERN IRELANDVERSION: (2013)NOTE:Please refer to the Pension Protection Fund guidance on contingent
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As trustees, individuals are responsible for managing assets on behalf of another person or entity, known as the beneficiary.
Trustees are required to file as part of their fiduciary duty to manage the assets in the best interest of the beneficiary.
To fill out the form as trustees, trustees must provide detailed information about the assets held, decisions made, and any distributions to the beneficiary.
The purpose of filing as trustees is to provide transparency and accountability in managing the assets for the beneficiary.
Information such as asset holdings, investment decisions, income generated, and distributions to the beneficiary must be reported on the form.
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