If so, what specific areas or functions can societies collaborate or cooperate on to reduce expenses and enhance operational efficiency and effectiveness? (poll 4975025)

If so, what specific areas or functions can societies collaborate or cooperate on to reduce expenses and enhance operational efficiency and effectiveness?

Products – Smaller societies could market the products of a larger, better capitalized society on a private label basis.

Information Technology/Back Office Administration – Societies could combine all their backroom functions on a common IT platform.

Asset Management – Societies could pool their assets under a single investment manager, lowering costs and improving returns.

Compliance – Societies could share the cost of access to a compliance professional and the answers to their common compliance questions.

Other....Please Comment below.

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