Tag Archives: IGC

What I’ll be looking for from the 2018 IGC chair statements

Posted on April 4, 2018 by henry tapper

    2018 and all that It’s IGC reporting season again and I’ll be looking to have answers to four questions this year. So here are my questions (more hope than expectation). If you’re making a value for money, what … Continue reading →

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Standard Phoenixed.

Posted on February 25, 2018 by henry tapper

There are few examples, since the demise of Equitable Life, quite so ignominious, as the end to Standard Life. Standard Life Assurance Limited is being sold to Phoenix Life for just £3.2bn , part of which will be paid to … Continue reading →

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PensionBee stands up to the bullies at Aegon.

Posted on January 29, 2018 by henry tapper

Let my people go This story begins with an interview between Adrian Grace, CEO of Aegon and Professional Adviser. Grace tells Laura Miller “The old world doesn’t work anymore. We believe that by agitating the market, there will be more … Continue reading →

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How to run a pension at 1/30th the cost of the pension charge cap.

Posted on January 8, 2018 by henry tapper

  How much does it cost to actively manage Alecta, Sweden’s largest workplace pension provider? The answer, according to Magnus Billing – is 0.024% of the funds assets each year. That’s less than 1/30th of the 0.75% cap imposed by … Continue reading →

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L&G; a smooth operator with an open IGC

Posted on November 14, 2017 by henry tapper

For an Independent Governance Committee to work, there must be a means for it to interact with its membership in a meaningful way. L&G – uniquely to my knowledge – offer policyholders of their workplace pension the opportunity to come to … Continue reading →

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With value for money – figures speak louder than words.

Posted on October 16, 2017 by henry tapper

The pen may be mightier than the sword but the spreadsheet trumps both. Last week, JLT published some projections which showed that if the performance differential between lousy and top pension providers continued – you’d be able to buy a … Continue reading →

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The world of the inactive investor

Posted on September 9, 2017 by henry tapper

  Of all my amateur enthusiasms, my interest in how to invest my money is perhaps the silliest. The economist’s hat sits ill upon my head, my capacity to second guess market trends is zero. So I’m always pleased to … Continue reading →

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Why employers must understand the value for money of their workplace pension

Posted on August 10, 2017 by henry tapper

  Among the remedies leading from the FCA’s Asset Management Market Study was a clear recommendation …that both industry and investor representatives agree a standardised template of costs and charges and we propose to ask an independent person to convene … Continue reading →

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The time is right for pension price disclosure.

Posted on June 4, 2017 by henry tapper

Last week I went to the FCA to discuss price disclosure with the Regulator. The time is right for people to understand what they pay to have their pension managed. I am one of the few people who gets information on … Continue reading →

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Winning and losing IGCs – class of 2017!

Posted on April 24, 2017 by henry tapper

With (almost) all the known IGC reports in, it’s time to see how the reports of 2017 stacked up against 2016. Apologies that the links in the table don’t work, my formatting skills are poor and I’ve included the links … Continue reading →

Posted in IGC, pensions | Tagged , , , , , | 4 Comments