Spence Johnson

Data Crunch: The appointment last month of Edi Truell as the London Mayor’s new adviser on pensions and investments is part of an initiative, we are told, to amalgamate some of the country’s numerous public sector pension funds.  

Edi Truell will apparently advance the cause of pension consolidation across public sector pension funds. 

You could say that this initiative is missing the point. 

If you want to find candidates for amalgamation and cost sharing, you really need to look at the private sector.

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