To answer ivas4us specific question - if the nominee's fee is lower or even if none were to be charged at all, this could ultimately result in a lower dividend for creditors - in which case they will reduce the fee accordingly if they are not happy with it.
Melanie, Am I reading this right? the lower the nominee fee means lower dividend to creditors? would it not be lower nominee fee then a higher dividend to creditors. Just a bit confused.
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