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Fund governance needs independent challenge

Bringing in an independent person offers an opportunity to strengthen decision making, argues Paul Guilliotti director of Financial Services Serving Richmond and Wandsworth Councils

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The role of local authority pension funds continues to evolve at pace following the recent statutory guidance on the governments Fit for the Future

Paul Guilliotti, director of Financial Services, Richmond and Wandsworth Councils argues that current high funding levels should be approached with caution as marginal changes to discount rates can potentially have a significant impact.

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