Corporate Solutions
Native Title Trusts
Native Title Trusts
Aboriginal people throughout Australia are being financially compensated as their traditional links to the land are legally recognised. This compensation naturally has a finite lifetime, so putting the funds to best use for the whole community is highly important for claimant groups.
Plan B Trustees Limited is one of the first Trustee companies in Australia to create a department providing trustee services specifically for Native Title Claimant Groups. Not only are we dedicated to achieving the best possible financial returns over the long term, we understand that learning about specific Aboriginal groups and customs is integral to developing fruitful long-term relationships.
How we can help
There are several important ways that Plan B Trustees Limited can help Native Title Claimant Groups:
Putting compensation to best use.
Receiving compensation raises many opportunities as well as challenges to most claimant groups. We work with them to determine issues such as how compensation should be invested to generate the best returns, and whether the investment focus should be on capital growth or delivering income.
Plan B Trustees Limited helps ensure that funds are used only for the purposes that the group has intended. Clearly communicating the objectives of the Trust helps create a positive relationship between claimant groups and our company.
Setting up Charitable Trusts
Setting up a Charitable Trust ensures long-term benefits to a community. Having assets maintained by a professional Trustee company ensures much greater security and transparency than most other alternatives.
As Trustees, we have a high level of accountability to ensure that all transactions are properly documented. Our accounts are meticulously maintained and audited by external consultants.
Community groups also have the added advantage of gaining access to the investment opportunities offered by Plan B Wealth Management Ltd. This means they only need the one company to keep track of all their assets.
Ensuring money is protected
Plan B Trustees Limited has many years experience in administering large trusts holding a wide variety of assets. Because we understand the legal constraints in which we operate, you can be confident that your assets are well protected.
Plan B Trustees Limited is a Licensed Trustee company under the Western Australian Trustee Companies Act (1987). This means that Plan B Trustees Limited will always be in existence.
Delivering superior investment returns
When investing a community’s funds, we work with the Claimant group in order to establish what they want to achieve. After this important period of consultation we can set up and manage a community’s investment portfolio to help met their objectives.
Plan B Wealth Management Ltd is one of the largest Western Australian based financial planning company and has been offering specialist financial advice since 1986. We are proud of our track record in delivering superior investment returns to our clients. We would be pleased to tell you more about our investment philosophy – and the returns we have delivered to our clients.
Commitment
Plan B Trustees Limited is committed to providing a high quality trustee service to all our clients. In providing this service, we are constantly updating our understanding of relevant legislation and technology. Most importantly, learning about the specific Aboriginal people and their customs is integral to developing long-term workable relationships.
We take a proactive approach to learning from our clients as well as undertaking training through a variety of learning institutions.
Click here to read our Frequently Asked Questions.
Download our Native Title Trustee Services Brochure.
If you would like to know more about our Native Title Trusts you can contact Phillip Williams, Head of Native Title Trusts on (08) 9324 8917 or if you prefer, email to pwilliams@planbonline.com, alternatively you can call our Native Title team on 1800 078 680.