Tag Archives: IGC
The Pensions Minister involved in sorting Gavin’s salary sacrifice mix-up.
There is more to Gavin H’s story; here is the latest episode.
Aviva’s IGC; a good quality life company promoting itself through its IGC!
Aviva have delivered their IGC report and it’s a thorough piece of work. You can download it here or read it in full from this blog The marketing of these reports seems to depend on very relaxed executives in casual … Continue reading
L&G IGC report – advanced tech but short on our VFM info!
I’m a policyholder with L&G and have just over £600,000 having taken over £180,000 this time last year to pay off my mortgage. The IGC is my means of understanding what is going on at L&G and I’m looking forward … Continue reading
Royal London’s IGC report’s a good audit of 2024; but the customer’s left out!
I am pleased that Royal London have based the purpose of its IGC in Value for Money and hope that this will be the basis not just for commercial insurers active in the workplace and to policyholders but to commercial … Continue reading
OFT and IGCs set pensions on a road to VFM – here’s Royal London ever at the fore!
Peter Dorward keeps the flame for IGCs alight Those who have followed this blog will know that I have charted the progress of IGC reports since the 2015 vintage (which were published the April after). At that time the workplace … Continue reading
Compliance is not VFM – nor annuities; savers need more from pensions!
It is interesting to see how Australia pressing ahead with what we call Value for money or VFM. I can see as far as Bac’s contribution page but no further but it’s far enough for the purposes of this blog. … Continue reading
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Tagged AgeWage, Business, corporate governance, dc pensions, DWP, Employment, Government, IGC, pension, Pension new, pension playpen, Pensions
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Virgin Money’s “ghost” IGC report
I do have a question, Virgin Money. “Why am I or anyone else reading a Virgin IGC report for 2023 , published in August 2024 on a product that was wound up in February this year.” Virgin’s dalliance with workplace … Continue reading
Virgin Money’s replacement pension still not ready – reports IGC.
The Virgin IGC published its Independent Governance Committees’ report on 28th September. I was under the mistaken belief that Virgin had downgraded its IGC to a GAA. I was wrong and apologies to Virgin Money , its IGC and in … Continue reading
Important amends to my Aviva IGC report.
This report has two important amends from that originally published. In their 2022 report, the Aviva IGC did indeed conclude that members not protected by the AE charge cap, and paying in excess of 0.75% a year in charges, were … Continue reading
Long on governance, weak on innovation; 2022/3 IGC reports.
IGC’s class of 2023 This year that I only gave one red score to an GC report. This is because the IGCs are operating to a proper standard and trying to do its best for their consumers. The red that … Continue reading