Aviva has announced a raft of changes to its independent governance committee (IGC) in a bid to make the body fully independent and also include member representation for the first time.
The insurer said PTL director Colin Richardson will take over from Law Debenture director Inder Dhingra as chairman of the IGC. As a result of Richardson's appointment, PTL client director Steve Carrodus...
'Not appropriate to comment'
Proposals for mandatory tendering of fiduciary management services, as well as additional guidance for trustees, have been welcomed by industry commentators albeit with some caution.
Sterling has fallen on the back of inflation figures released this morning, which show the UK Consumer Price Index (CPI) remained steady at 2.4% in June.
John Wotton says the competition watchdog's package of proposals will help trustees get the best deal and be satisfied they are acting in their members' best interests