COMMENT: THE GOODE REPORT
Journal of Financial Regulation and Compliance
ISSN: 1358-1988
Article publication date: 1 March 1993
Abstract
The main recommendation of the Report of the Pension Law Review Committee is that trust law will continue to provide the basic structure for occupational pensions in the UK but it will be strengthened by a pensions act administered by a pensions regulator. The Report also proposes minimum solvency rules and, where a fund does fail, a compensation scheme to cover fraud, theft and other misappropriations. In addition, it calls for the role of trustees to be enhanced and for scheme members to have a legal right to representation on the board and greater access to information.
Citation
HARRISON, D. (1993), "COMMENT: THE GOODE REPORT", Journal of Financial Regulation and Compliance, Vol. 2 No. 1, pp. 77-82. https://doi.org/10.1108/eb024795
Publisher
:MCB UP Ltd
Copyright © 1993, MCB UP Limited