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Birmingham council leader brands LGPS investment fees ‘a national disgrace’

10 Feb 17

While I do not believe everything put out by the CPS (sorry Michael) I do think that my pension fund is being ripped off.

As are Councils with toxic LOBO loans. ” The leader of the UK’s largest local authority has claimed asset management fees paid by local government pension schemes are “sucking in” money that could be used to offset government spending cuts to vital public services. Birmingham City Council leader John Clancy said a finding that…


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