Over 170 asset managers have rejected an initiative which requires better disclosure of fees UK public pension funds are charged, despite increased regulatory pressure on costs throughout the industry.
The £260bn Local Government Pension Scheme (LGPS), which manages the pensions of 5.6m former and current UK government workers, last year introduced a call for greater transparency in the reporting of...
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Also introducing administration fee
Case opened on 13 November
Seeking assets with social and environmental impact