New Clause 5 - Duty to act in the best interests of members

Part of Pension Schemes Bill – in a Public Bill Committee at 2:30 pm on 4th November 2014.

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Photo of Stephen Hammond Stephen Hammond Conservative, Wimbledon 2:30 pm, 4th November 2014

Let us not get too technical. It is forced to disclose the costs of dealing, broker research, offices, corporate meetings and the number of those meetings. If anyone wants to see it, there is a pretty heavy element of disclosure on fund managers these days.