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Life & Pensions - Are trustee boards actively challenging their own assumptions of what constitutes good governance?

Jonathan Clarke - The RHM scheme has evolved in terms of governance over the past three or four years. We used to have a pretty conventional trustee board structure where, basically, the trustee board had all the authorities and the investment committee was purely advisory. We decided to go down the route of direct investments and alternative investments a couple of years ago, so

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