UK - A new guide has been published by the National Association of Pension Funds (NAPF) to help trustees of money purchase schemes comply investment procedures set out in the Myners report on institutional investment.
The guide - “The Myners Principles: Rising to the Challenge” - aims to strip away the complex language surrounding pension scheme investment. It provides practical assistance to trustees of defined contribution schemes when considering investment issues in light of Myners’ recommendations.
The NAPF released a similar guide in March for trustees of final salary schemes.
By Madhu Kalia
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