Melanie Johnson, Economic Secretary to the Treasury, addressed the National Association of Pension F...
Melanie Johnson, Economic Secretary to the Treasury, addressed the National Association of Pension Funds yesterday to outline how the Myners Review fits in with the Government's objectives, and what the Government's role should be in relation to the pensions industry. Key points of the speech included Johnson highlighting the need for greater clarity regarding the timescale that fund managers' performance is measured. She said: "We have no intention of setting any minimum timetable for assessing performance: that is and should be a matter for the trustees of each fund to decide. But it i...
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