IGCs

Independent Governance Committees (IGCs) have joined forces to better understand what value for money means for scheme members.

It is "easy" and "profitable" for the fund management industry to ignore the problem of excessive hidden charges says David Pitt-Watson.

Lack of consistency across defined contribution (DC) default funds may result in larger numbers of members opting out, Punter Southall Aspire has warned.

Aviva and Friends Life have combined their independent governance committees (IGCs) following the merger of the insurers last April.

Ali Toutounchi has been appointed a trustee of Legal & General's (L&G) master trust as well as a member of its independent governance committee (IGC).

Ian Pittaway looks at the challenges the industry faces in measuring value for money.

The Pensions Regulator (TPR) is to publish a list of group personal pensions (GPPs) open to any employers seeking to comply with their automatic enrolment (AE) duties.

IGCs and trustees are still a long way from getting transparency on transaction costs, finds PP.

PP takes a look at the first IGC reports to see how the

Ongoing charges for some scheme members will be suspended over the next 12 months Phoenix Group has confirmed.