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COMMENT: THE GOODE REPORT

DEBBIE HARRISON (FREELANCE PENSIONS JOURNALIST AND A REGULAR CONTRIBUTOR TO THE FINANCIAL TIMES AND PENSIONS MANAGEMENT. SHE IS EDITOR OK TRUSTEE MAGAZINE AND AUTHOR OF SEVERAL FT BOOKS ON PENSIONS AND INVESTMENT.)

Journal of Financial Regulation and Compliance

ISSN: 1358-1988

Article publication date: 1 March 1993

64

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

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MCB UP Ltd

Copyright © 1993, MCB UP Limited

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