Trustees cannot profit from their position even without fraud or misconduct

Fiduciaries must account for unauthorized profits despite acting honestly

Pension trustees must put financial returns before political ideology

Court distinguishes fiduciary duties from professional negligence in landmark ruling

Beneficiaries cannot compel trustees to disclose reasons for exercising discretionary powers.

Educational trusts must benefit sufficient section of public, not just company employees' relatives.

Directors must exercise reasonable care but may receive statutory relief for honest mistakes.

Purpose trusts valid when beneficiaries have direct enforceable interest

Trust for company employees' children fails public benefit test for charity

Discretionary trusts required complete list of all possible beneficiaries for validity.

House of Lords revolutionizes trust law by requiring causation for breach claims

House of Lords clarifies crucial distinction between trusts and powers

Secret trusts bind trustees despite beneficial gifts under wills

Non-charitable purpose trusts void for lack of beneficiaries to enforce them.

Gifts to unincorporated associations valid as beneficial gifts to members under contract-holding theory.

Trustee cannot claim benefit of doubt when mixing trust funds with own money

House of Lords establishes employer duty of mutual trust and confidence

Bribe proceeds held on constructive trust from moment of receipt by fiduciary

Company can create trust of customer deposits by segregation with clear trust intention.

Court establishes three certainties doctrine for valid trust creation

Half-secret trusts fail when communicated terms differ from will provisions

Discretionary trusts valid if clear cases identifiable despite uncertain borderline cases.

Equity enforces secret trusts to prevent fraud despite apparent contradiction of statutory formalities.

Secret trusts can be established by clear evidence of intention, communication and acceptance.