A Trustee of a retirement benefit scheme shall:-

• Have a fiduciary responsibility for all decisions of the scheme and to ensure the safety of scheme funds.
• Managing and overseeing the operation of the retirement benefits scheme in accordance with the URBRA Act ,2011.
• Providing directions for the proper investment of the scheme funds (Making  the Investment Policy Statement)
• Making arrangements for payments of benefits in accordance with Scheme rules.
• Keeping financial and membership records of the scheme.
• Opening and maintaining bank accounts necessary for the exercise of functions of the scheme.
• Appointing service providers of the scheme.