Thirty-two local authorities have been ordered to release information on pension payments after a landmark ruling under the Freedom of Information Act. The Information Commissioner's (ICO) Office has ordered the councils to disclose the amount of money paid to brokers by investment managers on behalf of employees pension funds after Information Commissioner Richard Thomas ruled there was a 'strong public interest' in releasing the information. The main public interest argument for disclosing the information, according to the ICO, centres on the need for transparency among public bodies in their decisions when investing public money.
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