Colin Meech warns the Court of Appeal's bizarre judgment could cause significant financial detriment to local government pension funds
On June 6, the Court of Appeal reversed a High Court judgment that had stopped a very damaging move by the government to ensure that the Local Government Pension Scheme (LGPS) funds in England and Wales...
'Not appropriate to comment'
Proposals for mandatory tendering of fiduciary management services, as well as additional guidance for trustees, have been welcomed by industry commentators albeit with some caution.
Sterling has fallen on the back of inflation figures released this morning, which show the UK Consumer Price Index (CPI) remained steady at 2.4% in June.
John Wotton says the competition watchdog's package of proposals will help trustees get the best deal and be satisfied they are acting in their members' best interests