Tag Archives: IGC

True Potential’s “lost” 2017 IGC report

Posted on May 2, 2018 by henry tapper

  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.

Posted on May 2, 2018 by henry tapper

    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!

Posted on April 28, 2018 by henry tapper

    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!

Posted on April 28, 2018 by henry tapper

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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“Financial Home for the over 50s”

Posted on April 24, 2018 by henry tapper

Well that’s what Oliver Wyman is telling insurers with workplace pension books to aspire to be. I haven’t seen this phrase in any IGC report but it does it for me. I well remember meetings when I was at Zurich … Continue reading →

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

Posted on April 17, 2018 by henry tapper

    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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The Virgin Money IGC has had enough.

Posted on April 15, 2018 by henry tapper

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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Nothing wrong with being contrarian – the Hargreaves Lansdown 2018 IGC report

Posted on April 15, 2018 by henry tapper

There’s a compelling logic to the HL IGC Chair’s introduction Since they all relate to value for money for scheme members, our findings and progress are set out in the following analysis of value for money. Value for Money is … Continue reading →

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Reassure’s IGC produce another good report

Posted on April 14, 2018 by henry tapper

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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Laugh, cry, applaud! Zurich’s IGC report is flawed – but a “must read”

Posted on April 13, 2018 by henry tapper

I don’t know whether to laugh, applaud or cry when reading Zurich IGC reports and Laurie Edmans’ third report is no exception. Laugh – because of Laurie’s brutal honesty But from the members’ perspective, it does not matter whether the … Continue reading →

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