Public pension funds add to pressure on fees

Investment fees were top of the agenda at the NAPF Local Authority annual conference

Investment officers at the UK’s £180 billion Local Government Pension Scheme today added their voices to a growing chorus calling for better disclosure of asset managers’ “hidden” costs and fees.

Executives responsible for running the council workers' pension scheme, which consists of 100 sub-funds administered by local authorities across the UK, gathered in the Cotswolds Tuesday for the annual NAPF Local Authority conference.

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