Cyberifa Trust & Trustee Services

Cyberifa Funds Management Service Management Service looks after trust funds as well. We operate an interest bearing instant access account for each trust. The cash account provides regular or one off payments to beneficiaries or to lawyer's client accounts on request, it runs an online statement showing all transactions from its initiation-or we can print these off as required for any period.

The trustee's account can also hold securities (we mostly use collective funds/unit trusts and exchange traded funds). When these securities pay dividends the associated cash account shows these dividends coming in. Each tax year we produce an interest and dividend consolidated tax voucher and an account of gains realised.We offer the services of our retained Chartered Accountant for trust tax returns.

We generally meet with the trustees initially and agree a strategy for the fund: aims, requirements, investment risk and so on. Then we provide a general quarterly investment bulletin and a specific annual statement at which time we also offer a meeting.
Bear in mind that this is not a discretionary managed service and that the trustees or a delegate of their number is brought in on any investment decisions made on the trust's portfolio.