Monthly Archives: April 2019
ReAssuring us through its IGC?
A word on padding The first thing you notice about the ReAssure IGC report is stock images. Page one and two are entirely devoted to them, page three and four have one, page five has five and page six is … Continue reading
Virgin Money’s stakeholder is in special measures – put the IGC in charge.
Sid Vicious didn’t last long at Virgin when the Sex Pistols flirted with the record label. His relationship was as stormy as the Virgin Money’s IGC is with Virgin Money. Things are vicious once again , even if the Pistols … Continue reading
The Government’s pension stealth tax
What are we to make of the disenfranchisement of Stagecoach from rail contracts? I am extremely concerned by this statement , reported in the Financial Times Stagecoach said its recent bids had been non-compliant “principally in respect of pensions risk”. … Continue reading
Fidelity’s IGC-the bland leading the blind
The general reader is introduced to the 2019 IGC report with a statement from Fidelity An IGC is an Independent Governance Committee whose purpose is to represent the interests of policyholders (including active and deferred members) in the company’s relevant … Continue reading
Zurich’s IGC – keeping Zurich honest.
Zurich ‘s IGC Chair’s statement is out ; it’s punchy. It’s chair, Anna Bradley has a much wider sphere of influence than just pensions and it shows. This is from her opening remarks …you have told us that service standards … Continue reading
Royal London IGC – the regal treatment!
The 2019 IGC report – a good read I haven’t given much thought to IGC production values, but they’re the first thing you notice when you scroll through the Royal London IGC report. Someone has spent some time and money … Continue reading
This new year – let’s know what pensions cost.
It’s a new financial year – let’s make sure it’s a good and honest one! Last week saw every man (and his dog) involved in discussions over what we should see and how we should see about pension charges. … Continue reading
Old Mutual IGC- “it’s all down to us”.
In an extraordinary opening statement, Richard Butcher, Chair of Old Mutual’s IGC has this to say. Our overall conclusion is that a majority of you get value for money from your Old Mutual Wealth workplace personal pension and that, … Continue reading
Standard Life IGC report 2019 -defiant and unrepeatable
Rene Poisson bows out as Standard Life’s IGC Chair with a 99 page blockbuster of a report – half of which is data analysis. It emerges that not only are Phoenix appointing David Hare and the Phoenix IGC to oversee … Continue reading
Aviva IGC report – a new perspective?
Something happened at the Aviva IGC and I’m not at all sure why. Inder Dhingra has gone as chair and two of his colleagues have also left to be replaced by Colin Richardson of PTL who is the new chair. … Continue reading