The Pensions Regulator (TPR) has fined London Borough of Barnet Council £1,000 for failing to submit a 2016 scheme return for the London Borough of Barnet Pension Fund.
Disclosure of investment costs can be achieved without necessarily finding out the true value of implicit costs, Kempen Capital Management argues.
The Financial Conduct Authority has said LIBOR is likely to end by 2021 and has urged markets to begin transitioning to alternative benchmarks.
TPR has been criticised for being 'draconian' and not responding in a proportionate way to risks. Nicola Parish disagrees.
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