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 have combined their independent governance committees (IGCs) following the merger of the insurers last April.
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).
Aegon is reducing or simplifying charges for over 600,000 contributing members of workplace schemes, according to its independent governance committee (IGC).
The Society of Pensions Professionals (SPP) has published two standardised reporting statements to help trustees and independent governance committees (IGCs) comply with recently-introduced governance requirements.
Katharine Photiou has been appointed as head of workplace defined contribution (DC) product and proposition by Legal & General Investment Management (LGIM).
Independent Governance Committees (IGCs) will have only limited powers to improve value for money in contract-based schemes due to legal constraints, it has been warned.