Tougher cost reporting standard should be mandatory for LGPS

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Tougher cost reporting standard should be mandatory for LGPS

There are growing calls for the new local government pension scheme (LGPS) accounting standard to be mandatory to build a truer picture of investment costs.

The Chartered Institute for Public Financial Accountants' (CIPFA) guidance asks funds to improve the quality of their cost reporting whereas previously they only had to report explicit costs - anything...

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