Top Cover may not be perfect but at least it has a history. The EPC LIPS scheme (or is it MP's LIPS scheme) is untested. I didn't leave Top Cover to join the EPC LIPS as Top Cover is legally sold and managed by professionals while LIPS ... ?????
I know that volunteers run the EPC committee and we owe them a debt of gratitude for the thankless job they do. However, I fear that they have been hoodwinked into promoting LIPS without sufficient research or Due Diligence.
Take care that this doesn't bite us all on the proverbial ass.