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It’s important that the funds are there for the members when benefits are to be paid.
- The trustees are responsible
for managing the Fund
- Members are involved at the highest level of the management of
the Scheme - sitting on the Management Committee of the Trustee
- The Fund must answer to ‘regulators’ appointed by the Government with the
power to ensure schemes are correctly managed
- The legal and regulatory framework for protection of the interests
of members of company pension funds has been strengthened in recent
years.
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