October 7, 2014 | Posted in In the news | By

The report said: “This raises important professional and ethical questions around the integrity of investment benchmarks for fund managers. It also undermines basic performance assessment principles and leads to excess incentive fees being paid to these investment managers by the scheme and tax payers.”

To read the full article from Professional Pensions please click here: http://www.professionalpensions.com/professional-pensions/news/2374306/-accounting-trick-hid-gbp5bn-in-poor-performance-of-alternatives

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