Independent governance committees
From April 2015 the FCA has required all insurance companies and firms with a current or legacy portfolio of workplace personal pensions (WPPs) to have in place an independent committee to assess the value for money that members will receive.
Several of our team sit on Independent Governance Committees, either as Chair or Member, in order to drive high governance standards and improve outcomes for scheme members.
Why appoint PTL to your independent governance committee:
- We are the market leaders in contract-based governance, with seven IGC appointments
- We also run a governance advisory arrangement on behalf of thirteen GPP providers
- In the trust-based arena, we represent 15 DC master trusts
- The breadth of our client base gives us greater insight into what constitutes value for money across the market