Achieving compliance and protecting your firm
Connectworks contains a shared, online minute book for the trust. All trustees and advisers can easily take start or take part in discussions, plus see and approve resolutions.
Many firms are making the use of Connectworks mandatory where they’re a trustee.
So, they either have oversight of client activities in advance, evidence of ultra vires acts if activity isn’t disclosed
Other features to help compliance include the comprehensive checklists and precedents included, the ability to produce a complete audit-trail of all activity, the easily ability to meet record-keeping requirements and much more…