Feds partners with Perpetual Guardian

Feds partners with Perpetual Guardian

Source: Federated Farmers

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A new partnership between Federated Farmers and Perpetual Guardian will encourage members to plan for the future and ensure stability in rural communities through responsible succession planning.

Federated Farmers president Dr William Rolleston says Federated Farmers actively forms partnerships to ensure members have access to important and relevant services.

"Perpetual Guardian is the leading statutory trustee business in New Zealand. It is a highly credible entity with a true understanding of matters affecting those in rural areas and we are certain Federation members will benefit greatly from this alignment," Dr Rolleston said.

"Succession planning is a simple process that can mean a lot less pain later. Perpetual Guardian works to educate and provide people with access to affordable estate planning services. This is a crucial service when we consider half of adult Kiwis do not have a valid and up-to-date Will.

"We are very aware that farmers need support with estate planning, especially as many farms are long-standing family holdings. We know of cases in which farmers have entrusted the role of trustee or executor to a neighbour or a friend. Parties are not aware of the potential risk and legal implications of such a responsibility. There are a number of legal requirements of the trustee of a trust or executor of a Will to ensure that the wishes of a deceased person are met and assets managed or distributed appropriately.

"Perpetual Guardian founder, Andrew Barnes said: "We have been providing rural Kiwis with advice for generations and we are proud to take our association with farmers to a new and more effective level of engagement."

"Farmers contribute greatly to the New Zealand economy. If we can provide stability for the families that keep our agricultural sector afloat, we can provide New Zealand with a bright future. Planning for succession gives peace of mind so that all important day-to-day work can continue."

Perpetual Guardian and Federated Farmers’ three-year partnership will include shared events through which members, and the wider community, can access services and advice from 40 estate planning specialists across 16 branches.

About Perpetual Guardian

New Zealand’s leading statutory trust business, Perpetual Guardian, was created with the recent coming together of Perpetual Trust and Guardian Trust. As two of New Zealand’s oldest trustee companies, they have over 130 years of experience in providing estate planning, philanthropy and corporate trustee services to New Zealand individuals, families and companies.

The experience and reputation of Guardian Trust have made the company the preferred provider of corporate trustee services for many of New Zealand’s leading corporations, financial institutions, fund managers and banks. Guardian Trust proactively monitors the obligations of its clients to their investors in a commercial and pragmatic manner and with regard to its duties at law, including the provisions of the relevant trust deed. As a statutory supervisor and corporate trustee, Guardian Trust has over $110 billion in assets under supervision.

In the private client services sector, Perpetual Guardian’s mission is to ensure that every New Zealander has a Will and every child is protected by one.

As the country’s pre-eminent provider of philanthropic services, Perpetual Guardian manages over 650 charitable foundations and through these gives away in excess of $40 million each year. The company offers strategic advice, long-term investment management, careful planning and a commitment to ensuring that people’s generosity is effectively sustained over many lifetimes.

ENDS

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