Category Archives: IGC

Workplace pensions – who gives a flying feck what’s going on?

  Data or opinion? What’s the best measure of value? Most investors when looking for evidence and would prefer to trust data. Opinion is now measured by “the crowd”, the wisdom of a great number of people is turned into data. … Continue reading

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PensionBee stands up to the bullies at Aegon.

Let my people go This story begins with an interview between Adrian Grace, CEO of Aegon and Professional Adviser. Grace tells Laura Miller “The old world doesn’t work anymore. We believe that by agitating the market, there will be more … Continue reading

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The Loch Ness Monster is back (in fact it never went away!)

  If you didn’t hear last night’s Radio 4 documentary “the Transparency Detectives”, you can listen to it here. It’s a great piece of work and no praise is to high for Lesley Curwen and her team who tackle the subject … Continue reading

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L&G; a smooth operator with an open IGC

For an Independent Governance Committee to work, there must be a means for it to interact with its membership in a meaningful way. L&G – uniquely to my knowledge – offer policyholders of their workplace pension the opportunity to come to … Continue reading

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DWP now leads the way on cost disclosure

  What’s this about? In a first-rate document, the DWP have set out radical proposals to allow ordinary people to see and compare the costs  their trustees are paying for the investment of their pension money. These proposals go well beyond … Continue reading

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The time is right for pension price disclosure.

Last week I went to the FCA to discuss price disclosure with the Regulator. The time is right for people to understand what they pay to have their pension managed. I am one of the few people who gets information on … Continue reading

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Winning and losing IGCs – class of 2017!

With (almost) all the known IGC reports in, it’s time to see how the reports of 2017 stacked up against 2016. Apologies that the links in the table don’t work, my formatting skills are poor and I’ve included the links … Continue reading

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Telford’s finest – the ReAssure 2017 IGC report

What UK Life insurer is based in Telford Shropshire? Answer – ReAssure And if you were in a workplace pension with Guardian, HSBC, Barclays Life, Alico and National Mutual, you are now one of their customers. They are the kind of pensions … Continue reading

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The BlackRock IGC outsources to KPMG

I’ve been waiting to review BlackRock’s IGC chair statements for a couple of weeks but all I could see was a link to a report marked “April 2016”. I carelessly pressed the link this morning to find a report marked April 2017.  … Continue reading

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“Vantage is value” – but relative to what? Hargreaves Lansdown’s IGC report

I’m pleased that after a really poor first IGC report, the Hargreaves Lansdown IGC have taken producing their 2017 report, more seriously. A smooth operator If there was such a thing as a premium workplace pension, the Hargreaves Lansdown (HL) … Continue reading

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