The Independent Governance Committees (IGC) of Aviva and Friends Life have merged to create one IGC which oversees the combined business.
Friends Life became part of the Aviva Group in April 2015 and integration work has been ongoing since then to bring the two organisations together.
The new, expanded IGC will adopt the commitments made by both previous committees to deliver value for money, and will represent the interests of over 3 million Aviva and Friends Life workplace pension customers*.
Inder Dhingra, Director at Law Debenture Pension Trustees Limited and chair of the original Aviva IGC, will Chair the new committee. He will be supported by Steve Carrodus, Director at Pitmans Trustees Ltd and the previous Chair of the Friends Life IGC. Robert Talbut and Marcia Campbell will remain as independent members. Colin Williams, MD of Workplace Savings at Aviva, and Craig Hunter, Commercial, Propositions and Change Director at Aviva, complete the membership.
Inder Dhingra said: “I am delighted to have been asked to Chair the Independent Governance Committee of Aviva UK Life, and am very much looking forward to the challenges ahead. IGCs play a vital role in representing members of workplace pensions and ensuring that they are receiving value for money from their pension provider. The new IGC provides an excellent blend of skills and experience, and provides good continuity of membership between the two previous committees”.
Andy Curran, Managing Director, Corporate and Business Solutions at Aviva, said: “The merging of the two IGCs is another important milestone in the integration of Aviva and Friends Life. Both IGCs carried out some great work in their first year on behalf of members. It is important that we now bring the expertise from both committees together to build on this and to serve the combined business. Having one IGC overseeing all our workplace pension schemes will ensure a level of consistency for members and means the IGC will have a view across the combined business of Aviva and Friends Life.”
* Defined contribution, contract-based workplace pensions
- Ends -
If you are a journalist and would like further information, please contact:
Ben Moss in the Aviva Press Office
Landline: 0117 928 5843
Mobile: 07827 832 395
Email: ben.moss@aviva.com
Notes to editors:
• Aviva provides life insurance, general insurance, health insurance and asset management to 33 million customers, across 16 markets worldwide
• In the UK we are the leading insurer serving one in every four households and have strong businesses in selected markets in Europe, Asia and Canada. Our shares are listed on the London Stock Exchange and we are a member of the FTSE100 index.
• Aviva’s asset management business, Aviva Investors, provides asset management services to both Aviva and external clients, and currently manages over £289 billion in assets.
• Aviva helps people save for the future and manage the risks of everyday life; we paid out £30.7 billion in benefits and claims in 2015.
• By serving our customers well, we are building a business which is strong and sustainable, which our people are proud to work for, and which makes a positive contribution to society.
• The Aviva media centre at http://www.aviva.com/media/ includes company information, images, and a news release archive.
• For an introduction to what we do and how we do it, please click here http://www.aviva.com/about-us/aviva/
• For broadcast-standard video, please visit http://www.aviva.com/media/b-roll-library/
• Follow us on twitter: www.twitter.com/avivaplc/
• Follow us on LinkedIn: www.linkedin.com/company/aviva-plc
• For the latest corporate films from around our business, subscribe to our YouTube channel: www.youtube.com/user/aviva