L&G IGC reports 'good progress' over 2018 as costs and charges kept low

Kim Kaveh
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Emma Douglas said L&G appreciates the independent, objective and constructive views of the IGC
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Emma Douglas said L&G appreciates the independent, objective and constructive views of the IGC

Legal and General's (L&G) independent governance committee (IGC) has said the provider "used scale" to keep transaction costs low for funds in its workplace pensions business over 2018.

The IGC gave a score of 4.5 out of six for its costs and charges - which was in the ‘very good' category - the IGC's annual report for 2018 said. A score of six was classed as ‘perfect', while zero...

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