This week's top stories included research revealing schemes could be paying 70% more to investment managers than at the beginning of the decade.
Book by Lawrence Gosling
Pension schemes must review their contracts with investment managers to identify issues that could put trustees' fiduciary duties at risk, according to Squire Patton Boggs.
Investment management fees paid by local government pension scheme (LGPS) funds last year ranged from two basis points (bps) all the way up to 86 bps, official figures show.