The Code of  Practice for Incentive Exercises 

Image description

Comment by the Pensions Minister 2016


Minster for Pensions, The Baroness Altmann CBE


“I welcome the publication of this code which sets challenging, but realistic, standards that will help deliver high quality Incentive Exercises.


Both employers and advisors should look to this code to share best practise and help them to deliver value to the consumer.”


1st February 2016


The IE Monitoring Board (IEMB)

The IEMB is an independent volunteer board made up of industry bodies and specialists with an interest in the conduct of incentive exercises and related activities.  As set out in the Code, the IEMB is responsible for monitoring the effectiveness of the Code in the conduct of Incentive Exercises. The Board will review practices  and will use the information gathered to  update the Code as necessary.


Monitoring Board Membership 2017


Member

Representing

 

Member

Representing

Margaret Snowdon (Chair)

PASA

 

Katie Banks

APL



 

Hugh Nolan

SPP

Gareth Thomas

DWP

 

Stewart Patterson 

I & F of A

 

 

 

Melinda Riley

TPAS

Simon Chrystal

IEWG/UKWPS

 

Robert Inglis

FRC

Mike Smedley

IEWG/KPMG

 

Emily Follis

CBI

Jonathan Camfield

IEWG/LCP

 

Tim Sharp

TUC

Rob Yuille

ABI

 

John Reynolds

FCA

Bob Scott

ACA

    

Fiona Frobisher

tPR

Chris Hannant

James Walsh

AIFA

PLSA

 

Judith Hogarth

Graham Wardle

EEF

APPT


Technical Group of the Board


Margaret Snowdon

Jonathan Camfield

Mike Smedley

Simon Chrystal

Anna Rogers

Stewart Patterson


tordec2012.pdf
Click to download Terms of Reference for IEMB

IE Industry Forum



To allow industry input to the thinking of the Monitoring Board and its Techncial Group, an IE Industry Forum was set up.   The forum has members from all sectors involved in incentive exercises, including those who represent consumer interests. 


It is a key contributor to the Code as it acts as  a sounding board for ideas, especially around the Principle and practices, to ask challenging questions and allow us to gain insight into how the Code is percieved and applied, or not.


Membership of the Industry Forum has grown and it has met a few times over the last few years under the chairmanship of Roger Mattingly, supported by Stewart Patterson.  We aim to keep this group active as long as the Code remains under review. 


Anyone wishing to participate in future fora can contact us via the website contact or via the email address below.



Suggestions for future Forum discussion topics are welcomed. 

Please contact margaret@msnowdon.co.uk




Notes of the November 2016 Forum can be dowloaded below

IE Forum Report Nov 2016
Click here to download