FCA reveals value for money rules for IGCs from today

IGCs must evaluate whether another provider may offer better value for money

James Phillips
clock • 1 min read
FCA reveals value for money rules for IGCs from today

The Financial Conduct Authority (FCA) has confirmed updated rules and guidance for independent governance committees (IGFCs) to consider value for money in workplace pensions and investment pathways.

In a policy statement published today (4 October), the watchdog said all IGCs must now take into account "three key elements" - costs and charges, investment performance, and services provided - an...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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