IMA: NPSS foundations lie in private sector
UK - Management costs of institutional investments will potentially be driven lower if private sector asset managers provide the service for the National Pensions Savings Scheme (NPSS), the Investment Management Association (IMA) said.
Speaking at the work and pensions select committee inquiry into pensions reform, CEO Richard Saunders said the NPSS was “no more nor less than an investment scheme.” Saunders added that there is no need...
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