Tag Archives: IGC

Paul Trickett – a big thank you!

Posted on August 4, 2016 by henry tapper

I understand that Paul Trickett is joining Aviva as a Director of the Life Company. Paul tells me he has resigned his posts as Chair of the Trustees of the Zurich  Staff Pension Scheme and of the L&G Master Trust. … Continue reading →

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Is you trustee/IGC getting you value for money? (guest blog from Ralph Frank)

Posted on June 9, 2016 by henry tapper

  The concept of ‘value’ has been exercising Trustee Boards (“TBs”) and Independent Governance Committees (“IGCs”) for some time.  TBs are required to evaluate “the extent to which the charges and transaction costs represent good value for members”.  Similarly, IGCs … Continue reading →

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Don’t be passive; just because your tracking

Posted on June 5, 2016 by henry tapper

  Most of us have our pensions invested in passive funds. I use a passive grammatical structure because we do not choose , our funds are chosen by others, hopefully with our best interests in mind. So the best we … Continue reading →

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True Potential for a good IGC report.

Posted on May 31, 2016 by henry tapper

  A little tardy (but not as tardy as fellow auto-enrolment SIPP, Intelligent money, True Potential has produced its IGC report, you can read it here. You would have to be good at web navigation and persevering, to find it. I … Continue reading →

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Fuel, effeciency and our pensions!

Posted on May 11, 2016 by henry tapper

    Yesterday , Legal and General Investment Management ran a seminar in the City at which asset owners (pension trustees) and asset managers (LGIM) discussed harnessing the new technologies that give us everything from Tesler Cars to Hive and … Continue reading →

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Value for money from investment consultants

Posted on May 4, 2016 by henry tapper

In this article I’m proposing that investment consultants are subject to the same degree of scrutiny as the other service suppliers to trustees. Investment consultants should be subject to a Value for Money assessment). This morning I will be hearing … Continue reading →

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Leicester City – a parable

Posted on May 2, 2016 by henry tapper

champione***champione*** champione***champione***champione   The whole nation knows the value of winning the Premier League to Leicester City. The value of Leicester winning it is greatest just before it’s won. This blog was published the morning of the day when Leicester became Premier … Continue reading →

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The Pensions Regulator gives IGCs a new row of teeth.

Posted on April 27, 2016 by henry tapper

  It’s not enough- not nearly enough – but at last the Pensions Regulator’s beginning to take workplace pensions seriously enough to offer something close to a decent choice for employers staging auto-enrolment. Yesterday , Andrew Warwick-Thompson, head of policy … Continue reading →

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Insurers – VFM and the Competition Commission.

Posted on April 26, 2016 by henry tapper

  The FT Adviser magazine has published a short piece leaking a story that has been doing the rounds for a few weeks. It would appear that the insurers who have been subject to the scrutiny of an independent governance … Continue reading →

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To understand value, get a grip on price

Posted on April 24, 2016 by henry tapper

Workplace pensions are not priced as they seem. When an employer chooses a workplace pension, he/she sees member borne charges and employer charges. The employer charges are paid by the employer as fees (anything from £0 -£1200 pa, member borne … Continue reading →

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