CPD: PTL’s client directors Melanie Cusack and Louisa Harrold explore some of the key changes and challenges that almost every 21st century trustee will be facing, and how to address them.

Despite the new requirement for transaction costs to be disclosed in a clear and meaningful way, full transparency is yet to be achieved and a method for dealing with the information in a proportionate and effective manner is yet to be agreed, says PTL's Melanie Cusack.