The Code of Practice for Incentive Exercises 


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Comment by the PensionsMinister 2016


Minster for Pensions, TheBaroness Altmann CBE


“I welcome the publication of this code which sets challenging, butrealistic, standards that will help deliver high quality IncentiveExercises.


Both employers and advisors should look to this code to share bestpractise and help them to deliver value to theconsumer.”


1 st February 2016



The IE Monitoring Board(IEMB)

TheIEMB is an independent volunteer board made up of industry bodiesand specialists with an interest in the conduct of incentiveexercises and related activities.  As set out in the Code, theIEMB is responsible for monitoring the effcetiveness of the Code inthe conduct of Incentive Exercises. The Board will reviewpractices  and will use the information gathered to update the Code as necessary.


Monitoring Board Membership 2016


Member

Representing

 

Member

Representing

Margaret Snowdon (Chair)

PASA

 

Rosalind Connor

APL

Anna Smith-Spark

DWP Secretariat

 

Hugh Nolan

SPP

Gareth Thomas

DWP

 

Alan Howard

I & F of A

 

 

 

Melinda Riley

TPAS

Simon Chrystal

IEWG/UKWPS

 

Robert Inglis

FRC

Mike Smedley

IEWG/KPMG

 

Katie Dash

CBI

Jonathan Camfield

IEWG/LCP

 

Tim Sharp

TUC

RobYuille

ABI

 

John Reynolds

FCA

Bob Scott

ACA

    

Fiona Frobisher

tPR

Chris Hannant

Helen Forrest Hall

AIFA

PLSA

 

Judith Hogarth

Ian Pittaway

EEF

APPT


Technical Group of theBoard


Margaret Snowdon

Jonathan Camfield

Mike Smedley

Simon Chrystal

Anna Rogers

Alan Howard

OriginalTerms of Reference for the IEMB arebelow

ie_tor.pdf
Click to download




IE Industry Forum



To allow industry input to thethinking of the Monitoring Board and its Techncial Group, an IEIndustry Forum was set up.   The forum has members fromall sectors involved in incentive exercises, including those whorepresent consumer interests. 


It is a key contributor to theCode as it acts as  a sounding board for ideas, especiallyaround the Principle and practices, to ask challenging questionsand allow us to gain insight into how the Code is percievedand applied, or not.


Membership of the Industry Forumhas grown and it  has met a few times over the threeyears under the chairmanship of Roger Mattingly, supported byStewart Patterson.  We aim to keep this group active as longas the Code remains under review. 


Anyone wishing to participate inthe forum can contact us via the website.