Local Government Financial Advisers Must Have No Conflicts
It's important not to have pension board members with serious conflicts
of
interest, such as a personal interest in the board's investments,
or acting as providers of investment products (see <a href="http://www.cityethics.org/content/pension-board-reform-california" target="”_blank”">my
blog
post</a> on California reforms prohibiting such conflicts).<br>
<br>