A trustee formulates, reviews regularly and gives effect to an insurance strategy addressing the kinds and levels of insurance offered or acquired for beneficiaries, the basis for those decisions having regard to the beneficiaries' demographic composition, and the method for determining the insurer or insurers (s 52(7)(a)); weighs what offering or buying a given kind or level of insurance costs beneficiaries collectively (s 52(7)(b)); only offers or acquires insurance whose cost does not inappropriately erode beneficiaries' retirement income (s 52(7)(c)); and takes every sensible step to chase an insurance claim on a beneficiary's behalf where that claim stands a fair chance (s 52(7)(d)).
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.