Tag Archives: Royal London
A great British Fintech is no fit for NatWest.
It is intriguing to consider what Cushon’s workplace pension (let’s put aside their ISA) to the three named suitor. There are many others who might have been on the suitors list, where the prospect of the master trust achieving Scale … Continue reading
Royal London’s IGC report’s a good audit of 2024; but the customer’s left out!
I am pleased that Royal London have based the purpose of its IGC in Value for Money and hope that this will be the basis not just for commercial insurers active in the workplace and to policyholders but to commercial … Continue reading
OFT and IGCs set pensions on a road to VFM – here’s Royal London ever at the fore!
Peter Dorward keeps the flame for IGCs alight Those who have followed this blog will know that I have charted the progress of IGC reports since the 2015 vintage (which were published the April after). At that time the workplace … Continue reading
Insurers mobbed by small DB plans; – but £bn + business is drying up
Thanks to Martin Richmond of Professional Pensions and Charlie Finch of LCP for giving us a heads up on the shift towards insurance in 2025. Bulk Purchase Annuities are being exchanged for the assets of small DB pension plans but … Continue reading
Don’t let Workplace GPPs get left behind
There is a very real chance that millions of personal pensions set up to comply with auto-enrolment will become unloved deferred small pots as their employers switch to participating in master trusts and GPP providers start to consider the GPP … Continue reading
Assessment of 2021 IGC reports – a boring read but an important one!
Despite the efforts of the FCA to make IGC reporting more relevant to ordinary savers, I found this crop of IGC reports were bland and unambitious in their reporting of VFM. No IGC suggested that value for money was not … Continue reading
Posted in pensions
Tagged Aegon, Aviva, Fidelity, GAA, IGC, l7g, Prudential, Royal London, Scottish Widows, Standard Life, Vanguard, Virgin
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Royal London’s IGC – dour, impenetrable but effective
Royal London’s IGC report for 2021 is a rather dour affair, in contrast to others. Its sombre colour scheme is complimented by a formal style of delivery with an emphasis on good governance rather than member engagement. Even the … Continue reading
Private Equity has a consumer duty which it can’t ignore.
Let me disclose my prejudice, I don’t like management consultants, I don’t like the way they pander to the basest instincts of those who employ them and I don’t like the way they are used to justify corporate behavior … Continue reading
Posted in pensions
Tagged Bain, Life and pensions, McKinsey, Phoenix, Private Equity, Royal London
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Royal London’s innovative and highly readable IGC report
I am impressed by this year’s IGC report from Royal London. It has made a real effort to reach out for comparators that “customers” will find relevant when assessing the value they are getting from Royal London’s workplace pensions. The … Continue reading
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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