Reps propose 20% investment cap to protect trust fund beneficiaries
The Trustee Investment Bill, 2026, aims to update Nigeria's trustee investment laws from 1957. This proposed legislation would allow investments in modern financial instruments. It intends to improve accountability and protect the people who benefit from trust funds. To achieve this, the bill proposes a 20% cap on investments. This limit is meant to prevent beneficiaries from being exposed to excessive risks.
The proposed Trustee Investment Bill, 2026, seeks to modernise Nigeria's 1957 trustee investment law, allowing investments in new financial instruments while strengthening accountability and protecting beneficiaries from excessive risks. The post Reps propose 20% investment cap to protect trust fund beneficiaries appeared first on Premium Times Nigeria .