Ian Pittaway comments on FCA plans to expand reporting remit of IGCs

Ian Pittaway, chair of the Aegon IGC and partner at Sackers, comments on the Financial Conduct Authority’s plan to expand the remit of Independent Governance Committees to include social investing duties, following recommendations from the Law Commission last year.

Pittaway believes the plans would have a “subtle and long-term impact”, explaining that the nature of contract-based schemes means the IGC members cannot do as much as their trustee counterparts, as they are not the primary decision makers.

Read the full comment and article in Professional Pensions

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