Let's make discretionary increases fashionable again

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Salt: It’s one of the great strengths of lay trustees that they aren’t infected by the group think of our industry
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Salt: It’s one of the great strengths of lay trustees that they aren’t infected by the group think of our industry

Hilary Salt asks if it is legitimate for trustees who have a fiduciary duty to members to assume that surplus should only be spent on locking in to lower returns

I'm not a great follower of fashion but my son is often keen to alert me to the latest fad. I was thrilled when he messaged me the other week to tell me I could dig out my old denim jacket from the archives...

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