Every year, the IGC publishes a report which provides customers with the Committee's opinion on the Value for Money delivered by their plans. Please be aware that some investment return information in this report has been updated since it was published.
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These have been weighted to reflect the Committee’s view that what ultimately matters is the outcome for Members.
The full VfM framework can be found in the annual Chairman's report.
Our IGC members were chosen for their experience, interest, skill, knowledge and high industry profile.
Pat is an actuary and a former President of the Society of Actuaries in Ireland. He has many years’ experience of life assurance, pensions and investments through leadership roles with the AXA Group and other leading financial services firms.
Pat is an independent director of Mercer Ireland Ltd and AXA Global Health (EU) Ltd. He was formerly Chair of New Ireland Assurance Company and Chair of the Trustee Board of the AXA Ireland Pension Scheme. He also served on the Personal Injuries Assessment Board that contributed to the transformation of personal injuries settlement in Ireland.
Pat has been a member of the IGC since April 2020 and was appointed Chairman in September 2023
Paul is passionate about helping individuals build wealth via the workplace and spent more than 20 years working for some of the UK’s leading workplace pension providers. Up until December 2024 he was Chief Investment Officer of the Smart Pension Master Trust, where he also chaired the Scheme Strategist. He joined the Smart Pension Master Trust Board in June 2025.
Before joining Smart Pension in 2019, Paul was a Managing Director at BlackRock (and subsequently Aegon), leading their UK defined contribution workplace pension business. He has also held senior positions at Fidelity International, AXA and PwC.
Mary is an experienced investment professional, having previously been a senior consultant and partner with Willis Towers Watson. She is a qualified actuary with over 25 years’ experience in the global investment and pensions industry.
Mary is a Non-Executive Director of Just Retirement Ltd, Partnership Assurance Ltd, New Ireland Assurance Company and Aegon Asset Management (UK) Ltd. She is also a Trustee of the London Irish Centre Charity. Mary is an expert on helping design, implement and monitor suitable investment strategies for your pension pot.
Gareth has over 20 years of experience in running large organisations that provide services to a diverse set of customers. Gareth has been with M&G for 6 years and is the Head of Data, MI & AI in M&G. He is passionate about delivering service to be proud of. Gareth has used his experience in management of operations, data & analytics, planning and combined this with the voice of customer to identify where and how we drive improvements.
Prior to joining M&G Gareth worked at British Telecom where he was responsible for the operational planning, data and reporting for a workforce of around 20,000 engineers visiting both residential and commercial premises.
Gareth joined Prudential International Assurance (a subsidiary of M&G Group based in Dublin) in 2021, and is currently its Finance Director/CFO. He has over 30 years’ experience in the design, implementation and management of pension, investment and long-term savings products, and of customer service and communications.
Prior to joining M&G plc Gareth worked in senior management roles in a number of European insurers including Aegon, Aviva and AXA. He is a qualified actuary, and currently serves as Council member of the Society of Actuaries in Ireland.