The Chair leads the Independent Governance Committee (IGC’s), which is mandated by the Financial Conduct Authority (FCA) to provide independent oversight of workplace personal pension schemes. The primary responsibility is to ensure that these schemes deliver value for money for members and comply with regulatory standards.
There are several key challenges facing IGC’s particularly:
· Legacy Products and Value for Money
· ESG Integration and Stewardship
· Member Engagement and Communication
· Regulatory and Governance Pressures – particularly with the current changes to vFm and the governments consultation.
· Operational and Data Challenges
Recognising the above and the progress that the IGC has made in recent years of addressing these areas, Aviva is looking to appoint an individual to join its IGC in the role of Chair. The successful candidate will join the remaining five existing board members (4 independent and 1 company appointed) with the aim of providing strong leadership for the Board over the next three years. We are seeking an individual with experience of the Defined Contribution contract market.
We are looking for someone with a history of operating at a senior level and previous or current experience as a Chair or board member would be an advantage.
Applicants must be familiar with the Financial Conduct Authority (FCA) expectations of IGC’s generally and be conversant with legislation surrounding the operation of a regulated pensions provider and the role and accountabilities of the IGC board.
To obtain a copy of the full role profile or to discuss the position in more detail, please contact our retained recruiter, Andrew Carrett at Flint Hyde on andrew@flinthyde.co.uk
