Contractual fund is a kind of trust relationship, which gives the Trustee much freedom to manage the fund property, it may bring on the moral hazard.
契约型基金本质上是一种信托关系，它赋予受托人充分的自由度和信托资产的控制权，容易产生道德风险。
In the trust relationship, trustee is the most important party, which beneficially relates to achievement of the objectives and the success or failure of trust operation.
信托受托人是信托关系中最重要的当事人，它关乎信托目的的实现和信托事务运作的成败。
Through the illustration of the legal relationship between the trustor, trustee and beneficiary, there comes the careful analysis of the trust flow in enterprise annuity operation.
其次，在我国企业年金信托的法律架构中，着重分析了信托法律关系当事人的权利义务、组织运作流程和两类受托人。
Through the illustration of the legal relationship between the trustor, trustee and beneficiary, there comes the careful analysis of the trust flow in enterprise annuity operation.
其次，在我国企业年金信托的法律架构中，着重分析了信托法律关系当事人的权利义务、组织运作流程和两类受托人。
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