Communication with members

200. The Respondents were not required to give members any greater information about the changes than in fact they did give. I find the information provided was appropriately detailed and given at a proper stage. It is true that the initial announcement did not make clear that there was an intention to fund the employers' M plan contributions by using a surplus in the existing Fund but that information was revealed in the accounts which followed implementation of the changes. I see no reason why there needed to be an earlier announcement about that intention to the membership as a whole. Nor do I see any evidence of any injustice arising from the way matters were communicated.

Covered in the summary.