The Trustee Amendment Act 2025 - Bermuda
| Published date | 07 November 2025 |
| Law Firm | Carey Olsen |
| Author | Mr Keith Robinson, Stephanie Bernard and Laura Kearns |
The Trustee Amendment Act 2025 (the Amendment Act), which took effect on 10 October 2025 in Bermuda, modernises provisions in the Trustee Act 1975 concerning trustee investment powers.
It provides statutory authority for trustees to consider not only financial return, but also to take into account the wishes of settlors and beneficiaries in relation to (i) the impact of investments on the environment and wider society and (ii) appropriate governance.
Whilst trustees are still obliged to consider factors...
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