Our annual report for 2024
Welcome to this year’s report from the Independent Governance Committee (IGC).
I’m Joanne Segars, Chair of the IGC. As a committee we’re responsible for checking whether you receive value for money. You can find out more about the outcome of our assessment as well as read more about us and what we do in this introduction.
Value for money
We look at whether you’re getting a good deal by rating eight different parts of your pension. Where we can, we commission and use independent research to compare L&G to its competitors.
This is a summary of our assessment for the period from 1 January 2024 to 31 December 2024.
You can also access our report appendices for the charges and costs that affect your pension, including illustrations and fund performance.
Our view is that overall members are receiving good value for money.
Joanne Segars
Independent Chair of the IGC
Documents and reports
All supporting documents found in one place.
Meet the IGC
We're a group of six members, working together to look after your interests.
Our latest newsletter
Catch up on the latest annual member forum, held in November 2024, and access information about the most commonly-asked questions in our newsletter.