FAIL (the browser should render some flash content, not this).


There is a general assumption that a Corporate Trustee acts as sole trustee of a scheme. This is not by any means a necessity and in fact we favour acting as just one of the members of the Trustee Board. This has a number of advantages, particularly in schemes where the members have a lively interest in the management of the scheme:

  • A combination of individual trustees representing the founder, and perhaps the members, and an independent trustee can bring about a good balance between the views of the founder and the interests of its business and workforce and a view not in any way influenced by such considerations.
  • If the independent trustee is a corporate specialising in the retirement benefits industry, it can bring all the expert support that the trustees will require.
  • Scheme members often have some uncertainties when the Trustee Board appears, albeit without justification, to be an extension of the founder’s management.
We are also willing and able to act as Sole Corporate Trustee. Kingsland Court is fully compliant with the capital requirements of the Trustee Act and the Retirement Benefits Act and Regulations


At Kingsland Court we have considerable experience of the design and establishment of new retirement benefits schemes. In many ways our approach does not differ greatly from the approach we adopt on scheme restructuring or conversion. In broad outline our approach is:

  • Discuss and agree scheme particulars
  • Assist in the appointment and election process of Trustees.
  • Develop the Trust Deed and Rules (TDR) for the scheme, and secure scheme registration with Retirement Benefits Authority and Kenya Revenue Authority
  • Assist in selection of service providers including preparation of agreements etc
  • Prepare and make presentations to members on the new scheme.
  • Oversee implementation
  • Prepare member handbooks and membership certificates
Kingsland Court is always interested in an ongoing role, usually administration and accounting and trustee support services, perhaps with a Corporate Trustee role

Principal Officer

As  an  alternative  to  acting  as  Corporate  Trustee,  we  have  developed  the function  of  Corporate  Principal  Officer  to  deliver  the  same  services  to  the Board of Trustees.  Broadly speaking, the role of the Principal Officer is to support the trustees in the exercise of  their  trust and  to give  the  founder comfort  that  the scheme  is being properly managed. The  essential  difference  between  Corporate  Trustee  and  Corporate  Principal Officer  is  the  legal status in relation  to  the Scheme. A Corporate Trustee bears directly  all  the  legal  obligations  of  a  Trustee  whereas  a  Corporate  Principal Officer is a contracted service provider.