Fiduciary Relationships and Obligations — SQE1 FLK2 Trusts Law

A trustee acted honestly, took an opportunity nobody else could have taken, and equity still made him hand over every penny.
Practise this topic with exam-style questions: sqe1prep.co.uk/sqe1/trusts?utm_source=podcast&…
In this episode:
• The Mothew test for when fiduciary duties arise at all
• No profit, no conflict, no purchase, and why good faith is no defence
• Account of profits against equitable compensation
• Why a constructive trust beats a personal claim on insolvency
• Fiduciary duties are not the same as a trustee's duty of care
Narrated by an AI voice from a script written and checked by the editors at sqe1prep.co.uk. Educational content only — not legal advice. SQE1 Prep is not affiliated with or endorsed by the SRA or Kaplan.