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OCR: Indeed. it is pursuant such administrative mechanisms that Hancock and other insurance companies have operated ERISA covered pooled separate accounts should be noted that in the context these pooled accounts, insurance companies have balanced the interests DE many plans in the assets of these ac counts. Apparently, no "irreconcilable conflicts" have arisen the management ot these accounts Finally simple expedient has always existed by which Hancock could have eliminated, or at least substantally reduced KUe posure might have to the burd lens of dua regulation 1988 H ancock finally agreed to an amendment to GAC 50 permitting the plan to withdraw the bulk of GAC 50's free funds from the general account. Although this withdrawal WAS subject market value adjustnent Hancock agreed to eliminate ...