Independent Governance Committee (IGC)

We are committed to helping our customers get the best possible outcomes at retirement and support the Financial Conduct Authority’s (FCA) introduction of Independent Governance Committees (IGCs).

What is the IGC?

The IGC is a body of experts who maintain a direct relationship with the FCA. They hold product providers (us) to account on behalf of those saving in a workplace personal pension scheme.

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:

  • Babloo Ramamurthy (chair)
  • Tilly Ross
  • Mark Stewart
  • John Howard
  • Jackie Leiper
  • Iain McGowan.

Learn more about the IGC Members (PDF)

Get in touch

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

What does it do?

  • Act in members’ interests by assessing and reporting on the value for money delivered by Scottish Widows Group Personal Pensions and Group Stakeholder Pensions.
  • 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.

What do you want to do next?

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