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Why do we need a review of Arbuthnott when the Formula has not been fully implemented (that is, not all Boards have reached parity)?

April 26, 2017Arbuthnott Formula fully implemented parity review

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Why do we need a review of Arbuthnott when the Formula has not been fully implemented (that is, not all Boards have reached parity)?

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The original Committee made a commitment to review the Formula after it had been in operation for 5-6 years. The purpose of this review is to find out if the Formula can be improved or refined on the basis of better evidence, and/or new data which may impact on the Formula.