NAPF 2013: Trustees shouldn't 'act like cheapskates' with advisers

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Trustee boards should not try to cut back on their advisers' fees as it is a false economy and affects goodwill, the head of BP Pension Trustees Limited says.

Chief executive Sally Bridgeland said trustee boards should definitely demand advisers to explain how they add value, but expecting things quicker and cheaper is a false economy. Speaking at the...

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