Fiona is a director of Southern Trust Company, which is a custodian trustee. A custodian trustee ensures that the legal ownership of assets is separated from the management of the assets. Southern Trust, as trustee, owns the assets on behalf of clients to ensure that their interests are protected. Fiona is also a director of Northern Superannuation Trustee Company. Some of the investments of Northern Superannuation use Southern Trust Company as their trustee. In addition, her brother works for a fund manager who uses Southern Trust Company as their trustee. This is an example of: a. Conflict of interest b. Conflict of duty c. Neither conflict of interest nor conflict of duty d. Both conflict of interest and conflict of duty
