Interconnectivities and regulatory impact [50]

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Bullet points include: Seeking ‘fairness’ is a core driver of regulatory frameworks E.g. specific ‘treating customers fairly’ (TCF) rules Although has many different interpretations, c.f. EU Gender Directive Tends to increase focus on ‘fair’ values How do DB pension funds fit into this picture Social role does not tie in with exact fairness. What about the welfare of the disadvantaged? But are societies increasingly targeting latter within social security systems rather than private sector solutions?

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