At its simplest, governance is the framework established to ensure that decisions are taken in the best interests of our investors.
Our watchword is governance. Naturally, we place a great deal of emphasis on this and it covers all of our investment options offered through our pensions business. It is an integral part of our investment proposition and comes as standard with no extra cost.
Many contract-based pensions don't have a formal governance process, but we believe regular investment reviews are a must. That's why all of our investment options have a formal review process.
Independent Advisory Committee
At the heart of this governance framework is our Independent Advisory Committee which meets quarterly to review asset allocations. As markets move up and down, risk and return can change. We believe that our governance promise delivers peace of mind to our customers.