Tag Archives: pension

Have IGC’s let savers down with impunity?

When it all began Back in 2015 , when the IGC chairs first met, I wrote a blog critical of IGC Chairs and their advisers who seemed to be publicly questioning the purpose behind Independent Governance Committees. You can read … Continue reading

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IFS says low-earners should quit saving for retirement.

The Institute for Fiscal Studies has called into question the wisdom of many poor earners paying into workplace pensions under auto-enrolment. It is not clear why the small number of people who would probably be better off not sticking with … Continue reading

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“Financial strength” – customers will be the judge.

  One of the most important functions of  pension providers is to ensure that service levels are maintained through the current crisis. It is a severe test, this time the consequences of failure are not theoretical, if service levels fall … Continue reading

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How to talk to your staff about pensions

Quietroom are silently curating a lot of good advice using linked in. If you have the dexterity and the eyesight to access their posts , then here’s the link to the document. But I struggled and when I found the … Continue reading

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The pension must go on

As we all work in our individual way from our individual workplaces, it’s hard to see the big picture – we see plenty of trees but not the wood. Pensions are not about us but about the people who get … Continue reading

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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

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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

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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

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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

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8.5m Nest members behind bid to buck-up Barclays

  You may not know it, but you could just have become a stakeholder in how Barclays finances companies and in the process become a climate change activist. Share Action has co-ordinated a group of organisations , including NEST to … Continue reading

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