IGCs
UPDATED Independent governance committees: A list of who is sitting on which IGCs
PP looks at the pensions great and good who oversee contract-based schemes
Hargreaves Lansdown appoints three IGC members
Hargreaves Lansdown has appointed three new members to its independent governance committee (IGC).
Mixed views on value for money of Gogglebox ads
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, says industry
The lifetime allowance should be scrapped and replaced with a lower annual allowance, last week's Pensions Buzz respondents said.
FCA sets refreshed priorities for joint action with TPR
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.
FCA consults on IGC social investment duties and drawdown assessment
The Financial Conduct Authority (FCA) is proposing to expand the remit of independent governance committees (IGCs) to help "protect consumers from unsuitable investments".
IGCs face stronger ESG reporting duties under FCA plans
Contract-based schemes could face requirements to disclose their firms' policies on environmental, social and governance (ESG) issues under Financial Conduct Authority (FCA) plans.
Have your say: Should pre-1997 pension benefits receive statutory protection against inflation?
In this week's Pensions Buzz, we want to know if pre-1997 pension benefits should receive statutory protection against inflation.
Schroders first asset manager to sign up to PTL's Clear Funds initiative
Schroders has become the first asset manager to sign up to Clear Funds, a transaction cost assessment service launched by PTL in January 2018.
Have your say: Is the regulator becoming more heavy-handed?
This week we want to know if TPR is becoming more heavy-handed and whether its new investment guidance will help defined benefit trustees set better investment strategies.
Industry should accept reality and engage with LISA
Most respondents in this week's Pensions Buzz say it's time to get on board with the lifetime ISA to get the best outcomes for members.
Have your say: Is the six-year decline in mortality improvements just a blip?
This week we want to know if the continued decline in mortality improvements is a just a blip and what is the single biggest geopolitical risk for markets this year.
LISA needs IGC model to ensure appropriate investments
The lifetime ISA (LISA) needs an independent governance mechanism to ensure savers' money is invested appropriately, PTL has argued.
Has the FCA found the right solution for hidden transaction costs?
As the FCA closes its consultation on improving transparency of costs and charges in pension schemes, James Phillips asks the industry whether the watchdog has the right solution.
More workers on boards would not improve pension coverage
Most respondents to this week's Pensions Buzz do not believe more workers on company boards would improve pension coverage.
Royal London: IGC consumer representative appointment process hard work
The process of appointing a policy holder to an independent governance committee (IGC) is a long and complex process according to Royal London.
Have your say: Could the Uber ruling boost AE for the self-employed?
This week we want to know if the Uber ruling will spur the government to do more to extend auto-enrolment for the self-employed.
Royal London appoints consumer representative to IGC
Royal London has appointed a customer representative to its independent governance committee (IGC) in what it claims is the first move of its kind in the industry.
IGCs and trustee boards must take holistic approach to value for money
Independent Governance Committees (IGCs) and trustee boards must not fall into the trap of believing value for money is solely about what is measurable according to Ian Pittaway.
IGCs team up to study members' views on value for money
Independent Governance Committees (IGCs) have joined forces to better understand what value for money means for scheme members.
Ignoring hidden charges is 'easy' and 'profitable'
It is "easy" and "profitable" for the fund management industry to ignore the problem of excessive hidden charges says David Pitt-Watson.
Inconsistency in DC default could lead to greater opt-outs
Lack of consistency across defined contribution (DC) default funds may result in larger numbers of members opting out, Punter Southall Aspire has warned.
Aviva and Friends Life IGCs merge
Aviva and Friends Life have combined their independent governance committees (IGCs) following the merger of the insurers last April.
L&G appoints master trust trustee and IGC member
Ali Toutounchi has been appointed a trustee of Legal & General's (L&G) master trust as well as a member of its independent governance committee (IGC).
