UK - London Pensions Fund Authority (LPFA) CEO Peter Scales has launched a scathing counterattack on the Audit Commission, accusing it of merely seeking to bolster its own revenue on the back of local government pension funds.
Audit Commission CEO Steve Bundred had claimed Local Government Pension Schemes (LPS) were unfit for their purpose, and called for stricter auditing controls to be imposed to protect taxpayers as w...
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