Tag Archives: pensions

Fidelity’s IGC-the bland leading the blind

The general reader is introduced to the 2019 IGC report with a statement from Fidelity An IGC is an Independent Governance Committee whose purpose is to represent the interests of policyholders (including active and deferred members) in the company’s relevant … Continue reading

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Zurich’s IGC – keeping Zurich honest.

Zurich ‘s IGC Chair’s statement is out ; it’s punchy. It’s chair, Anna Bradley has a much wider sphere of influence than just pensions and it shows. This is from her opening remarks …you have told us that service standards … Continue reading

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Royal London IGC – the regal treatment!

  The 2019 IGC report – a good read I haven’t given much thought to IGC production values, but they’re the first thing you notice when you scroll through the Royal London IGC report. Someone has spent some time and money … Continue reading

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CDC – a silver wage not a silver bullet

  Yesterday Ros (Baroness) Altmann hosted a webinar on retirement income which prompted some interesting follow up on social media. Here’s Mark Ormston of Retirement Line. I thoroughly enjoyed listening to Ros Altmann on the ‘future of retirement income’ masterclass … Continue reading

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Scottish Widows IGC report – a most interesting read.

The Scottish Widows 2019 IGC report has been published and is available here In the past few years, Scottish Widows has moved from a quiet backwater in the tidal flow of Lloyds Banking Group to very much centre stream. I … Continue reading

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Millions start to properly fund their pension

www.seedrs.com/agewage April 1st 2019 is a red letter day for millions of Brits auto-enrolled into workplace pensions. From today the contribution rates will at last be 3+4+1 (three from your boss, four from you and one from the Government – … Continue reading

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Doctor heal thyself? Where do NHSPS members get help on their pensions?

    Listeners to Paul Lewis’ MoneyBox were treated yesterday to a lively debatebetween Jo Cumbo , John Ralfe and Paul Lewis. While interpretations of the problems facing the NHS and in particular the NHS pension scheme and its membership … Continue reading

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Phoenix IGC report – “we’re here solely for you”

The Phoenix IGC has had a good year and its 40 page report shows how a well chaired, well funded IGC can produce a document that is both authoritative and readable. Congratulations to its chair – David Hare – who … Continue reading

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IGC reports 2019; what should we be looking for?

    For those who don’t follow this blog, I’ve been reviewing IGC reports since 2015/16 and intend to do so again this year. There is very little accountability on the IGCs. Though IGCs were set up to put right … Continue reading

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The sordid side of nudge.

Go, go, go, said the bird: human kind Cannot bear very much reality.   (TS Eliot – four quartets) There is a thin dividing line between nudge and dishonesty. Nudge  flirts with transparency but never consummates. We are nudging millions of … Continue reading

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