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General issues for trustees to consider
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Important issues for trustees to consider
Understand how each particular adviser contributes to the running of your scheme and what specific tasks the trustees themselves are responsible for.Be confident in your understanding of what each adviser is doing so that you can assess whether it's being done adequately and whether it represents good value for money.
Ensure that you have an excellent working relationship with the advisers you employ. Characteristics of a good working relationship are:
- mutual trust;
- open and honest dialogue; and
- productive communication.
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