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

Kim Kaveh
clock • 3 min read

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...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Partner Insight: The future belongs to scale – but there's more to it

Partner Insight: The future belongs to scale – but there's more to it

As the market consolidates, what does it mean for members and trustees?

Jerry Butcher, Workplace Savings Director, Scottish Widows
clock 22 July 2026 • 5 min read
Average employer AE contribution rates increase by 1.7% since 2012

Average employer AE contribution rates increase by 1.7% since 2012

IFS report finds AE employer contribution rates rose to 5.1% in 2024 up from 3.4% in 2012

Martin Richmond
clock 21 July 2026 • 5 min read
DC entering 'new phase' with master trusts now 'dominant' in large scheme market

DC entering 'new phase' with master trusts now 'dominant' in large scheme market

Howden research reveals master trusts now account for 41% of large DC schemes

Holly Roach
clock 09 July 2026 • 1 min read
Trustpilot