1 Comment

  1. cardian
    February 15, 2021 @ 8:19 pm

    The independent trustee companies are remunerated out of the scheme assets, so if there is a scheme bank account or other liquid assets exist there seems little incentive for them to wind up a scheme quickly.
    The infrequency of meaningful communications with scheme members rather suggests that the trustee companies have too many plates spinning at once.
    It is surprising that the Regulator does not appoint from a wider range of trustee companies.

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