The Panel considered further written evidence from the Trustee around risk appetite and approach to the valuation and the extent to which there is a shared understanding between the interested parties. The Panel considered the evidence gathered to provide a route to this goal.
The Panel has received evidence on the implications of potential new legislation and will consider all possibilities within the legislative framework as it develops including the proposed long-term funding target.
The results of the commissioned qualitative member research was presented to the Panel and they look forward to including this in their final report as it enriches the evidence gathered from interviews with all parties.
The remaining meetings of the Panel will consider their report and remain of the view that the substantive work will be completed on schedule by the autumn.