Trust has always been a central aspect of financial activity, and transparency plays a strong supporting role, as the eminent jurist, Louis Brandeis, observed: "Sunlight is the best of disinfectants." So why is the pension world plagued by spin, misrepresentation and more?
A few illustrations are warranted here. Fund management services are marketed with trust forefront, but when disputes arise, the pension scheme is advised that the contract is all, as those who hav...
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