Schemes urged to include anti-NDA clause in manager RFPs

Stephanie Baxter
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Schemes should insert a clause in manager searches to prevent them from imposing non-disclosure agreements (NDAs), according to an expert on asset management fees.

Chris Sier who recently joined KAS Bank as managing director said this would stop the controversial use of NDAs that hides the fees schemes pay asset managers. NDAs are applied when the pension ...

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