Trustees Indemnity
Trustees have ultimate responsibility for directing the affairs of a charity, and ensuring that it is solvent, well-run, and delivering the charitable outcomes for which it has been set up. They are also bound by the trust deeds, as well as statutory charity and in certain cases, company law. The role of ‘trustee’ comes with unlimited personal financial liability. Failure to exercise due care in the performance of their duties could result in the trustee being sued for ‘wro