Pensions - Articles - Royal London seeks members for Governance Committee


Royal London has written to over 800,000 of its members to invite them to apply to become a member of Royal London’s Independent Governance Committee (‘IGC’). This committee’s role is to assess the ongoing value for money offered by Royal London’s workplace pensions. In line with current regulations, the committee already has a majority of independent members but the IGC and Royal London agree that the work of the committee would be further strengthened by an additional committee member, and are particularly interested in applications from customers to provide wider customer insight. It is understood that Royal London IGC will be the first business to seek applications from its customers.

 The mailing to members says:

 “We are looking to appoint an additional committee member to our Independent Governance Committee and would like to hear from any Royal London customers that might be interested in applying for the role. As a business owned by our members, and with the views of customers a key part of this Committee’s responsibilities, we are particularly keen to hear from any workplace pension customers, as well as those with other relevant experience for the role”.

 The Independent Chair of the Royal London IGC, Phil Green, said: “I believe that the IGC has achieved a lot in its first year, working with the business to ensure Royal London continues to offer value for money to existing and future workplace pension customers. We now want to build on this work and in particular to strengthen further the Voice of the Customer in the IGC’s work. One such initiative is to seek to appoint an additional member to the IGC who is able to strengthen this particular perspective”.

 Director of Policy at Royal London, Steve Webb said:“The IGC has already brought a fresh pair of eyes to the work of Royal London. As a Mutual we are owned by our members and their perspective is vital to all that we do. We are delighted to support the IGC in its plan to expand its membership and we would encourage our members to consider applying to take on this role”.

 Further details about the role can be found on Royal London’s website: http://www.royallondon.com/members/
 Applications are requested by 10 June.
  

Back to Index


Similar News to this Story

Funding for DB schemes makes more progress at start of 2026
Fully hedged scheme sees small funding level increase over January50% hedged scheme also improves position over the monthEncouraging start to 2026 fol
Older retirees lose out falling into best/worst income gap
Older retirees have most to lose by falling into the best/worst income gap, Just Group analysis reveals·Gap between the best and worst annuity rates i
Beazley agree £8bn Zurich buyout as Iran tensions dominate
FTSE 100 scales fresh heights as its defensive qualities shine. Energy stocks and miners benefit as Middle East tensions rise. Insurer Beazley agrees

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.