Who manages the money in the Pooled Trust?
Funds from the individual sub-accounts are pooled together and invested by the Financial Manager, Cambridge Appleton Trust, N.A. There are a number of safeguards that limit the vulnerability of the pooled trust investments. These safeguards include rigorous reviews every 18 months by the Office of the Comptroller of the Currency (OCC), liability insurance, and internal audits that include annual inspection of financial records. PLAN of Massachusetts has the power to change the Financial Manager if we believe that their performance is not satisfactory.
