‘Equity has contributed the trust and fiduciary duties to English law.

  ‘Equity has contributed the trust and fiduciary duties to English law. The former gives a beneficiary powerful proprietary rights, while the latter punishes those in positions of power when they breach their fiduciary duties. The power to create proprietary interests needs to be strictly controlled, however, which is why it should only be available in a limited number of situations, including for breach of fiduciary duties.'Discuss