Category Archives: IGC

Activism over activity – we want effective asset management.


Reading the FCA’s Asset Management Market Study, you’d be tempted to give up on active asset management (to be frank you might to give up on investment funds altogether). Daniel Godfrey has a piece in the FT claiming that the … Continue reading

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Paul Trickett – a big thank you!


I understand that Paul Trickett is joining Aviva as a Director of the Life Company. Paul tells me he has resigned his posts as Chair of the Trustees of the Zurich  Staff Pension Scheme and of the L&G Master Trust. … Continue reading

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True Potential for a good IGC report.


  A little tardy (but not as tardy as fellow auto-enrolment SIPP, Intelligent money, True Potential has produced its IGC report, you can read it here. You would have to be good at web navigation and persevering, to find it. I … Continue reading

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Insurers – VFM and the Competition Commission.


  The FT Adviser magazine has published a short piece leaking a story that has been doing the rounds for a few weeks. It would appear that the insurers who have been subject to the scrutiny of an independent governance … Continue reading

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To understand value, get a grip on price


Workplace pensions are not priced as they seem. When an employer chooses a workplace pension, he/she sees member borne charges and employer charges. The employer charges are paid by the employer as fees (anything from £0 -£1200 pa, member borne … Continue reading

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IGCs – a final reckoning


Here is a summary of the IGC reports analysed on this blog. If you want to read my assessments in detail, please use the search engine. I have segmented the blogs as you can see. It may be unfair to … Continue reading

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Transparency and its task force


If the concept of a Transparency task force conjures up a vision of covert operations and the Night Manager, you wouldn’t be far off the mark. At times during yesterday’s day-long meeting I sensed the competing forces of the Global … Continue reading

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How IGCs help employers (and their advisers)


  If you read the terms of reference or Chair reports of the IGCs (and GAAs) , it’s the “member” on whom the work is focussed and for whom the reports are written. “Member” is short-hand for policy holder as in … Continue reading

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The IGC and GAA Directory


Here (in no particular order) is a list of the 17 IGCs we know to have been published. Please feel free to cut and paste from this Directory, which includes another list of GAAs and a third list with links … Continue reading

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Not drinking the Kool-Aid – The Virgin Money Stakeholder IGC


Remember Stakeholder Pensions? Virgin Money do! In fact Virgin were one of the great enthusiasts for Stakeholder Pensions, sadly their ambitions were never quite realised commercially but it’s good to see that Virgin continue to treat their Stakeholders fairly and … Continue reading

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