- Are workplace pensions working for their members?
- What is the general tone of the IGC reports to date in terms of provider practices?
- What have been the key criticisms raised?
- Is benchmarking a likely future development for workplace pensions?
- What regulatory intervention is being called for by the IGC chairs?
- Have the IGCs secured any concessions for scheme members?
- How do you envisage the regulation of workplace pensions developing over the next five years?
Pensions analysis: April 2015 saw the establishment of Independent Governance Committees (IGCs) to ensure workplace pension schemes are functioning optimally for the good of their members. Mark Latimour, partner in Eversheds’ pensions practice and an independent member of the Old Mutual Wealth IGC, casts a discerning eye over the introduction of IGCs and what part they might play for the future of pensions in and out of the workplace.
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