NAPF study finds trustee decision-making lacking


The ability of pension fund trustees to make key decisions is challenged in a study produced by the UK industry body National Association of Pension Funds (NAPF), in conjunction with Oxford University. The study is likely to add to the pressure to introduce more continental-style professionalism to the UK's deficit-ridden pensions industry.

The study, which polled 186 pension fund trustees drawn from the UK defined benefit pension funds, found a wide variance among trustee attitudes to govern

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