IGCs and contract-based DC governance: how far should they go? | Practical Law
An article by Tim Smith of Eversheds LLP, considering some of the practical implications of the introduction of independent governance committees (IGCs). While reminding readers of the key obligations imposed on IGCs, Tim Smith also looks at some of the practical challenges they face in complying with FCA requirements and how they are expected to contribute to better governance in contract-based DC pension schemes.