UK - Councillors running the Local Government Pension Schemes should look for the best result and not the cheapest option when considering transaction costs, delegates at the Local Government Pensions Investment Forum heard.
Frank Russell Company said that while some schemes were trying to force transaction costs down, this could be a bad idea if an investment manager was performing well. Managing director of implemen...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
