Category Archives: IGC

L&G – “sometimes it’s better to listen than talk”; home truths from a member.


    Along with 40 or so others,  I went to the L&G IGC Annual Member Forum yesterday morning. I left with a beautifully produced slide deck and a professionally printed copy of this year’s IGC report- I also left … Continue reading

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Why pensions are turning green


In an important consultation paper, the DWP has reversed its previous decision not to legislate to force pension scheme trustees to “go green”. Rather than rely on the Pension Regulator’s guidance, the Government now intends to require the trustees of … Continue reading

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True Potential’s “lost” 2017 IGC report


  The True Potential 2018 IGC report is late; just as the True Potential (TP) 2017 IC report was late. The 2017 report never got reviewed by me, I had assumed that TP had packed it in. Bob Ward’s sent me … Continue reading

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Did the 2018 IGC reports meet today’s challenges? Only in part.


    The table above reports on the various ratings given to IGC reports in 2018, it includes the GAA report of St James Place that is good enough to be an IGC report. I said, when I set out … Continue reading

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Hargreaves Lansdown’s IGC as pretty and effective as a chocolate teapot!


    In 2015, David Grimes and the Hargreaves Lansdown IGC, delivered what remains the worst IGC report I have ever reviewed. Things improved considerably in 2016 but the IGC has not kicked on and I find the 2017 report … Continue reading

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SJP policyholders deserve an IGC. They have a great GAA – but that’s not enough!


St James Place is one of Britain’s largest financial institutions, it is a FTSE 100 company with 2017 revenues of over £9bn. It is therefore surprising that its exposure to workplace pensions is so limited that it does not need … Continue reading

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IGC Class of 2018 – the results are in – this is how your Chair Report stacks up.


    So  here are my ratings for the principal IGC reports that I can find. There may be more reports skulking out there and I’ll be adding them if they get reported to me! As you can see, they … Continue reading

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From EasyBuild to Peoples Pension; B&CE’s IGC’s “special purpose”.


  BB&CE’s workplace pension empire has changed. EasyBuild  is shrinking its policyholders  and moving their “pots” to  the People’s Pension  with the help of The B&CE IGC. EasyBuild was once Britain’s largest stakeholder pension scheme, the B&CE flagship. , B&CE has moved with … Continue reading

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The Virgin Money IGC has had enough.


For the first time in three years of reviewing IGC Chair Reports, I sensed an IGC that has had enough. Sir David Chapman’s third report concludes that the Virgin Stakeholder Pension is providing “Fair” value for money. But in the … Continue reading

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Reassure’s IGC produce another good report


Reassure, the life insurance consolidator owned by Swiss Re, continues to swallow up large numbers of what the market calls “legacy” pensions. If you took out a pension in the past and stopped paying, you still have rights to that … Continue reading

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