US EditionUK Pensions | Squaring the circle: fiduciary duties v economic growth
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Global Workplace InsiderUK Pensions | Squaring the circle: fiduciary duties v economic growth
This is the first in a series of blogs about the Government’s Mansion House reforms, and its goal to get pension schemes doing more for the UK economy. Perhaps the biggest challenge to the Government’s ambition for pension schemes to drive UK growth is the humble fiduciary duty. Put simply, trustees must choose investments that they think are most appropriate for securing the purpose of the scheme. In many cases these days, this will not involve…
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