Q10: Should there be different approaches for different sizes of scheme? As an institute whose mem...
Q10: Should there be different approaches for different sizes of scheme? As an institute whose members are involved in the operation of all types of pension scheme, from the very large to the very small, we agree that there is a need to find levels of regulation which are appropriate for the different types and size of scheme. It is true that most of the larger schemes can afford good governance and appear to be less severely affected by the MFR issues than smaller schemes. The dividing line of 4,000 members (this is preferable to a division on the basis of assets) would seem to be sensi...
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