 He was a fund trustee, along with his two sons, so effectively he controlled both the company and the fund.That led to the problems that the fund faces today.If one individual holds a dominant commercial position in respect of a pension fund, he or she will be able to direct those who operate the fund, in the same way that he or she manages the company—and will be able to select those 1071 persons who are to serve as trustees and manage the fund.