FCA Defers Review Of Workplace Pension Independent Governance Committees

The Financial Conduct Authority (FCA) has postponed its planned review of the effectiveness of new workplace pension independent governance committees (IGCs), after an initial review was "broadly supportive" of their work.

The first IGCs began operating in April 2015, and were set up to fulfil broadly the same role for members of workplace personal pension schemes as trustees perform in occupational pension schemes.

The FCA had intended to assess how effective IGCs are in helping pension...

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