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FROM 1 JULY THE OFFICE OF THE PROTECTIVE COMMISSIONER WILL BE KNOWN AS THE NEW SOUTH WALES TRUSTEE AND GUARDIAN (NSWTG)
The NSW Trustee and Guardian is an independent public official legally appointed to protect and administer the financial affairs and property of people unable to make financial decisions for themselves (where there is no other suitable person willing to assist). The Acting CEO of NSWTG is Ms Imelda Dodds.
- Financial Management
The NSWTG provides financial management services for people who are unable to manage their own affairs due to disability ... more about Financial Management
- Private Management
The NSWTG provides authorisation and direction for people who have been appointed to privately manage the financial affairs of individuals who are not able to manage their own affairs due to disability ... more about Private Management
- Missing persons
A financial manager can be appointed to manage the property and financial affairs of a missing person ... more about missing persons
News and Announcements
Merger of the Office of the Protective Commissioner, Office of the Public Guardian and Public Trustee
The merger of the Office of the Protective Commissioner (OPC) and Public Guardian (OPG), and the Public Trustee (PT NSW) announced in the mini-budget in November 2008, has now been passed by the NSW Parliament.
From 1 July 2009, OPC will be known as the New South Wales Trustee and Guardian (NSWTG). The merged organisation will continue to provide the full range of services provided in the past, with a strong focus on maintaining and improving the quality and accessibility of service to all clients.
The position of Public Guardian will continue and will remain separate in its functions, but the CEO NSWTG will not be the Public Guardian. The Public Guardian will report administratively to the CEO NSWTG.
Our address and contact details remain the same. Clients and stakeholders will continue to receive service from the same client service officers they have dealt with in the past.
All former OPC business and legal documents will remain valid and further information will be provided in the coming months.
Implementation of IPART recommendations for privately managed clients
Changes from 1 July 2009
ACCOUNTS FEES (from 1 July 2009)
A tiered system of accounts examination fees has been introduced. These tiered fees are designed to reflect the differing amounts of resources required to examine the different types of annual accounts lodged by Managers.
The following three categories of accounts examination fees are applicable after 1 July 2009:
This fee is the standard accounts examination fee except where the estates fall into the categories below.
This fee may apply for those estates that require extra resources for the examination of the accounts. These include:
1. First accounts examination
2. Final accounts examination
3. Accounts in matters under Determination Orders
4. Overdue accounts that have required extra resources to ensure lodgement or to complete the examination.
This fee applies to matters where a Trustee company is the manager, and matters involving complex estates which may include business entities, multiple investments, shareholdings, legal proceedings etc and estates having cash assets over $100,000.
INCOME FEE CAPPED (from 1 April 2009)
This fee is charged at the rate of 4% per annum on the net annual income of a managed person.
For accounts periods ending after 1st April 2009 the following changes have been to the calculation of the Income Fee.
Income Fee Cap
The annual income fee is capped at a maximum of $2,000 per annum.
EXEMPTED INCOME
Centrelink, Department of Veterans’ Affairs and any overseas pension (equivalent to a Centrelink pension) up to the level of the Centrelink Single Aged Pension are exempt from the 4% annual income fee. Any allowance relating to Centrelink and Department of Veterans’ Affairs pensions e.g. pharmaceutical allowance, mobility allowance, rent assistance and telephone allowance is also exempt from the 4% annual income fee.
Please note that insurance, compensation and annuity pensions are not government pensions for the purpose of the above income fee exemptions.
Interest earned on funds held as security with NSWTG is included as income.
Your Privacy
If NSWTG has collected personal information about you, you have the right under privacy laws to find out why we are collecting this information, if it is compulsory and what we are going to do with it. You also have rights to access and correct any information held about you. To find out more contact us on 02 8688 2600 and ask to speak to the privacy contact officer. If you need an interpreter, call 131 450. For more information go to Privacy NSW.
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