1. Alternatively, an independent trustee may be appointed to apply the trust rules negotiated by the parties. 2. C.E. Heath has launched a new company, C.E. Heath Trustee Company, to provide independent trustee services for corporate pension schemes. 3. At Fidelity, he said, independent trustees even decide how much to pay themselves. 4. At the same time, the three independent trustees -- Simon, Lawrence Bianchi and Kenneth Sletten -- resigned. 5. Every mutual fund has a set of independent trustees who are charged by law to defend the interests of fund shareholders. 6. He said independent trustees at Fidelity, just as at many other investment firms, make up a majority of the board and are insulated from management pressure. 7. In addition, he said, all of the transactions are reviewed by independent trustees who oversee the funds. 8. Independent trustees who replaced Navellier Management Inc. two months ago are trying to push him out of the picture for good. 9. Most independent trustees are retired senior executives or professors at business schools. 10. Navellier said he regained control of an equity mutual fund whose independent trustees had turned over to another manager. |