Comment: Smaller may not be better

Jonathan Stapleton says size does matter

Jonathan Stapleton
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For those of you who have never heard of him (and I included myself among this group until just last week), Leopold Kohr was an Austrian economist and political scientist - and a staunch opponent of the "cult of bigness".

He is the man widely credited with coining the phrase “small is beautiful”. As Kohr died in 1994 it is difficult to say whether he ever thought about scale in the UK pensions industry, but, had ...

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