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The Mwamba Trust Fund was established to address the growing need of the Laptrust scheme surviving beneficiaries to prudently manage payments made to them.
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The Mwamba Trust Fund is established by a grantor/ trustor / settlor to provide financial security to an individual, most often a child or grandchild or organizations, such as a charity or other nonprofit organization or employees of an organization.
Retirement benefits schemes
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Retirement benefits schemes are set up under irrevocable trusts; while appointed trustees administer the trust as set out in the governing document – the Trust Deed & Rules.
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