Tag Archives: GAA

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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SJPEXIT and its implications.


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!


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)


  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


    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


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.


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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