A powerful body of pension funds is calling on the Treasury to water down some of the radical pro...
A powerful body of pension funds is calling on the Treasury to water down some of the radical proposals contained in the Myners report on institutional investment endorsed by the chancellor, Gordon Brown, in his March Budget, says the Guardian this morning. The National Association of Pension Funds has written to the Treasury calling for independent academic research to be carried out on fees charged by stock brokers to pension funds - which the Myners report said should be disclosed by pension fund managers. Brian Davis, chief executive of Nationwide Building Society, has signalled ...
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