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Copestake: Trustees do not necessarily know the extent to which they are meeting their core legal duty
The law does not require trustees to be perfect, but they must understand it to know the true value of scheme liabilities, says Anna Copestake.
As an industry we are risk-focussed. We have to be. We exist in order to deliver on members' pensions promises, which means we have to manage the risks that might stop us doing that. So you'd imagine we'd...
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