Workplace Savings

We are committed to helping our customers get the best possible outcomes at retirement and support the Financial Conduct Authority’s (FCA) requirement to establish an Independent Governance Committee (IGC). The Scottish Widows IGC was set up in 2015.

What is the IGC?

The IGC is a body of experts who maintain a direct relationship with the FCA. The IGC hold product providers to account on behalf of those saving in a workplace personal pension scheme and, policyholders invested in pathway solutions for pension drawdown.

A majority of IGC members and the Chair must be independent and the committee should consist of a minimum of five members.

The members are:

Anna Bradley portrait

Anna Bradley (Chair)

Clare Salmon portrait

Clare Salmon

David Butcher portrait

David Butcher

Emma Watkins portrait

Emma Watkins

Graeme Bold portrait

Graeme Bold

Mark Thompson portrait

Mark Thompson

Charles Counsell portrait

Charles Counsell

What does it do?

The committee’s objectives are to;

  • act in members’ interests by assessing and reporting on the value for money delivered by Scottish Widows Group Personal Pensions, Group Stakeholder Pensions and investment pathway solutions for pension drawdown
  • consider and report on Scottish Widows policies on environmental, social and governance (ESG) issues, member concerns and stewardship, for the policies that the IGC oversee
  • publish an annual report setting out the assessment of the value for money delivered by Scottish Widows
  • identify areas for improvement and make recommendations to the Scottish Widows Board
  • escalate any concerns to the FCA, and bring them to the attention of customers, in the event that Scottish Widows fails to address these concerns appropriately

You’ll find more information about our IGC, including the members of the committee, in the documents below.


Costs and charges

The Scottish Widows Independent Governance Committee (IGC) is required by the Financial Services Authority (FCA) to provide our customers with the costs and charges of their Workplace Savings Schemes default investment option, and any wider range of available investments. 

Explore now

Any questions or feedback?

If you have any comments, questions or concerns in relation to the work of the Scottish Widows IGC, please send us an e-mail.

Email us

What do you want to do?



Search our library for the knowledge you need.

Search expertise



Find brochures, guides and forms in one place.

Search literature

Look at our workplace savings solutions

Look at our workplace savings solutions

See the options that best suit your clients' needs.

Workplace savings