I challenge your enthusiasm on three grounds, Henry. First, does the language of yet another new investment paradigm risk exaggerating…
A Southern friend now tells me his best effort was “Ten Before Ten” starting at 7am in Smithfield market. A…
There is an alternative view of "ownership" which is that people own a stream of income for as long as…
Thank you very much for this comment which I will use in future posts. Whoever you are "anonymous" , I…
Tag Archives: IGC
IGCs – a final reckoning
Here is a summary of the IGC reports analysed on this blog. If you want to read my assessments in detail, please use the search engine. I have segmented the blogs as you can see. It may be unfair to … Continue reading
Posted in governance, IGC, investment, Pension Freedoms, pensions
Tagged Asst manager, auto enrolment, CAA, FCA, governance, IGC, SIPP, TPR
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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
Posted in IGC, pensions, Personality
Tagged Business, customers, employers, Employment, FCA, Financial services, GAA, governance, IGC, members, pension, pensions, Retirement, TCF
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Not drinking the Kool-Aid – The Virgin Money Stakeholder IGC
Remember Stakeholder Pensions? Virgin Money do! In fact Virgin were one of the great enthusiasts for Stakeholder Pensions, sadly their ambitions were never quite realised commercially but it’s good to see that Virgin continue to treat their Stakeholders fairly and … Continue reading
Posted in IGC, pensions
Tagged governance, IGC, Northern Rock, Richard Branson, Scorecard, Sir David Chapman, Virgin, Virgin Money
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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
Posted in pensions
Tagged Andy Agethangelou, charges, costs, GAA, IGC, stewardship, Transparency, transparency symposium, Transparency Task Force, Value for Money
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How can IGCs engage people with their pensions?
There are three measures by which I am judging the IGC Chair reports Do they speak with a proper tone of voice Do they show themselves effective in dealing with the provider they are governing Have they properly addressed whether … Continue reading
Posted in IGC, pensions
Tagged ABI, Business, Business and Economy, corporate governance, corporate risk, DWP, FCA, governance, IA, IGC, Insurers, National Employment Savings Trust, NEST, pension, Pension new, pension playpen, pensions, Ros Altmann, TPR, workplace Pensions
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OMG -OMW! Well done Old Mutual for your IGC!
The Old Mutual Independent Governance Committee’s Chair Report is out and it’s a good one. The Chair – Richard Butcher works for Pitman Trustees and having waded through a number of Pitman GAA reports , I had expected another … Continue reading
Posted in pensions
Tagged IGC, OMG, OMW, pension, Skandia, The Pensions Regulator, workplace pension
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Vantage deserves better governance than this; the Hargreaves Lansdown IGC report.
I enjoyed reading the Hargreaves Lansdown IGC report but for all the wrong reasons. It begins with an Executive Summary and ends with a strong of awards listed for the benefit – presumably – of the executives who … Continue reading
Posted in pensions
Tagged corporate vantage, Hargreaves Lansdown, IGC, pension, QWPS, Retirement, Vantage, workplace pension
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Short but not that sweet – Fidelity’s IGC report
Fidelity has in Kim Nash, the only female Chair of an IGC, infact two out or three of the IGC’s independent members are woman (Rachel Brougham of BESTrustees being the other). If awards were given for brevity and … Continue reading
Posted in IGC, pensions
Tagged charges, costs, Fidelity, governance, IGC, investments, Kim Nash, pension, pensions, Retirement, workplace Pensions
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Aegon’s ICC – treating the customer seriously.
I like Aegon’s IGC Chair report, delivered by top trustee Ian Pittaway. It’s not easy to find and though the report makes numerous references to its readers being its policyholders, I have no idea how a policyholder would stumble across … Continue reading
Posted in IGC, pensions
Tagged Aegon, governance, Ian Pittaway, IGC, pensions, Retirement, Value for Money, workplace pension
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He has you in the palm of His hands and surviving yet this for a reason....