IGCs

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

Hargreaves Lansdown has appointed three new members to its independent governance committee (IGC).

Respondents were divided on whether the Gogglebox series of adverts on auto-enrolment represented good value for money, after the government spent £800,000 on the partnership.

The lifetime allowance should be scrapped and replaced with a lower annual allowance, last week's Pensions Buzz respondents said.

The Financial Conduct Authority (FCA) has set priorities for the coming year for its joint action with The Pensions Regulator (TPR), including reviewing whether pension schemes are providing sound information to consumers.

The Financial Conduct Authority (FCA) is proposing to expand the remit of independent governance committees (IGCs) to help "protect consumers from unsuitable investments".

Contract-based schemes could face requirements to disclose their firms' policies on environmental, social and governance (ESG) issues under Financial Conduct Authority (FCA) plans.

In this week's Pensions Buzz, we want to know if pre-1997 pension benefits should receive statutory protection against inflation.

Schroders has become the first asset manager to sign up to Clear Funds, a transaction cost assessment service launched by PTL in January 2018.