LGPS schemes could make vast savings if they improved their governance, according to new research from CLERUS.
Bad advice comes at a price, and now that has been quantified.
LGPS schemes have suffered a loss of £17bn thanks to poor decision making over the last ten years, according to new research from CLERUS. The study found that the vast majority – more than 90% – of LGPS funds do not comply with the Myners Principles relating to good governance …
To read the full article from Pensions Insight please click here: http://www.pensions-insight.co.uk/bad-advice-costs-more-than-money/1474115.article