"falls in contribution rates have begun to emerge" The LGPS Survey 2026 undertaken by Room 151 in association with Schroders…
Yes, follow-up on the many benefits of Auto-Enrollment with the benefits of Auto-Consolidation, with opt-outs again for the sophisticates who…
The great advantage of a DC pension controlled by the beneficiary is complete control over the cash flows during decumulation…
"Pensions that are linked to salaries and/or inflation pensions are largely extinct in the private sector because they are unaffordable."…
Tag Archives: IGC
Pension Plowman’s guide to 2020 IGC reports
This is a big year for IGCs. It is their fifth birthday, it’s the year when the FCA reviews their effectiveness and it’s the year of the pandemic, where providers and savers will be under maximum strain. Most of the … Continue reading
Posted in FCA, IGC, pensions
Tagged Aegon, Aviva, BlackRock, FCA, Fidelity, Hargreaves Lansdown, IGC, IGC report, L&G, Pensions, Phoenix, Prudential, Reassure, Royal London, Scottish Widows, SJP, Standard Life, Virgin Monday, workplace Pensions, Zurich
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From an empty chair; Hargreaves Lansdown’s excellent IGC statement.
A cautionary tale It has been a difficult year for Hargreaves Lansdown’s IGC and they have launched their Chair’s statement without a Chair. This unusual state of affair followed the departure of David Grimes with clearly no succession plan … Continue reading
Posted in IGC, pensions
Tagged Chair, David Grimes, Hargreaves Lansdown, IGC, pension, pensions
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Is Fidelity’s IGC papering over the cracks?
Kim Nash and Anna Bradley are the only female IGC Chairs. Kim’s not only IGC chair at Fidelity, she’s chair of the master trust. She’s not only chair of the Fidelity master trust , but chair of the Scottish Widows … Continue reading
Posted in Financial Conduct Authority, IGC, pensions
Tagged FCA, Fidelity, IGC, Kim Nash, Pensions, workplace Pensions
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Old Mutual’s IGC – much improved!
Last year I gave Old Mutual’s IGC Chair Statement the thumbs down . This year’s statement is a great improvement. It will be the last from Old Mutual as the book of business looked after by Richard Butcher, Ian Costain, … Continue reading
Posted in advice gap, age wage, IGC, pensions
Tagged IGC, Old Mutual, pension, Richard Butcher
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Virgin Money’s IGC sees red
Sir David Chapman is one IGC Chair who does not promote his provider. For five years he’s been demanding an upgrade to the default fund the 80,000 or so savers in the Virgin Money stakeholder pension have been stuck … Continue reading
Posted in IGC, pensions
Tagged IGC, pension, Sir David Chapman, Virgin Money, Virgin Stakeholder Pension
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Does Aegon’s IGC deliver “what matters most to us”?
Aegon’s IGC Chair Statement has been published , you can read it here Helpfully Ian Pittaway and Helen Parker have a conversation on the IGC’s activities on the video. Unfortunately, video has a habit of turning lawyers into marketing people … Continue reading
Precisely right – Scottish Widow’s IGC
Mark Stewart has issues his first Statement , having taken over as Chair of the Scottish Widows IGC. You can read it here. It is brief , accurate and it has a distinct tone which I like. The contents page … Continue reading
Posted in advice gap, age wage, IGC, pensions
Tagged IGC, pension, Pensions, Scottish Widows, Zurich
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Zurich’s IGC’s Chair makes a statement -just!
I wasn’t quite sure , reading Anna Bradley’s chair statement that I wasn’t on my blog. The photos of the IGCs look like they were taken on an iphone, neither of which detracts much from what is a good – … Continue reading
Phoenix – an IGC that continues to set standards with another good report
Phoenix IGC has published its 2019-20 Chair Statement. To me this is a most important statement as Phoenix is responsible for administering the savings of most of Britain’s “legacy savings”. Although most of these legacy books don’t have much in … Continue reading
Posted in actuaries, advice gap, IGC, pensions
Tagged David Hare, effective, FCA, IGC, pensions, Phoenix Life, Standard Life
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IGC reports “good to very good”- as L&G closes member helpline.
Since publishing this article , LGIM has made a statement on the closure of the L&G helplines – you can read the statement here L&G’s IGC has published its fifth report for savers ; here is the link for … Continue reading
Posted in advice gap, age wage, IGC, pensions
Tagged Chair report, COVID19, ESG, IGC, investment pathways, L&G, Legal and General
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As an AMNT committee member we widened our constitution this week to spread the mentoring, networking and best practice dissemination…