GAA/IGC: governance for workplace pension providers
Meet our GAA/IGC specialists
Workplace pensions providers must have governance committees in place to ensure minimum governance standards are met. Our friendly, experienced team can help whether you’re looking to appoint an independent chair or member to your Independent Governance Committee (IGC) or for a Governance Advisory Arrangement (GAA).
The Financial Conduct Authority (FCA) requirements apply to all providers workplace pension schemes, including group personal pensions (GPPs), group stakeholder pension schemes and group self invested personal pensions (group SIPPs).
Our DC governance experts will act in the interests of pension members, assess the workplace pension scheme’s value for money and, when needed, raise independent challenge to you, the scheme provider. They will:
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Manage a board of both employer nominated and member nominated trustees whilst ensuring all voices are heard and a diverse range of opinions are gathered.
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Manage a board of both employer nominated and member nominated trustees whilst ensuring all voices are heard and a diverse range of opinions are gathered.
We can also provide professional secretarial services to pension scheme governance committees to ensure they are run efficiently, decisions are accurately recorded and actions are promptly followed up and managed.
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