Tag Archives: GAA

Who will patrol the investment pathways?

Posted on March 3, 2020 by

  Investment pathways are the big idea to help those getting to 55 and with pension freedom in sight. From August, people will be presented with four paths for their money. One takes them to a point when they can … Continue reading →

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IGC reports 2019; what should we be looking for?

Posted on March 29, 2019 by

    For those who don’t follow this blog, I’ve been reviewing IGC reports since 2015/16 and intend to do so again this year. There is very little accountability on the IGCs. Though IGCs were set up to put right … Continue reading →

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FCA to tame the drawdown bucking bronco!

Posted on January 29, 2019 by

  Yesterday was a good news day for people concerned about retirement income. The FCA made two meaningful statements on what it intends to do to help ordinary people trying to manage their in retirement finances. The first was the … Continue reading →

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

Posted on May 2, 2018 by

    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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SJPEXIT and its implications.

Posted on April 29, 2018 by

Reading Colin Richardson’s excellent Governance Advisory Arrangement (GAA) report on SJP, I realised just how tough it is for anyone who doesn’t work for St James Place to take any sort of decision on an SJP Pension. Here – for … Continue reading →

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

Posted on April 28, 2018 by

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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How IGCs help employers (and their advisers)

Posted on April 20, 2016 by

  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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Help of the helpless – the destitute world of the GAA

Posted on April 17, 2016 by

    The words of the song are apt for the Governance Advisory Arrangements I have read. With the exception of that of Mobius they are either elegies for what might have been or a convenient way of getting round … Continue reading →

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IGCs and the Transparency Task Force

Posted on April 13, 2016 by

This is an article that will appear in the Transparency Times, Andy Agethangelou’s online paper  that will appear later this month. I am a big fan of the Tranparency TaskForce and also the publishing venture! If you aren’t a part of … Continue reading →

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IGCs – 6 months in – a worrying lack of diversity.

Posted on October 31, 2015 by

In April 2015, insurers offering personal pension contracts were required to set up Independent Governance Committees as a result of the findings of a study by the Office of Fair Trading that concluded Also in April 2015, the FCA issues a … Continue reading →

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