For further details on how we use cookies on our site, just visit our Information on Cookies page.

Grey haired couple sat on park bench with back to shot, man wearing blue polo shirt has arm around lady in red caridgan

Governance Advisory Arrangement

For NFU Mutual customers where your personal pension plan policy is, or was, part of a group arrangement i.e. where your employer paid across contributions via payroll for 2 or more employees, then it is treated by the financial authorities as a “workplace pension scheme”.

From 6 April 2015, all providers of workplace pensions had to appoint an independent committee to represent the interests of members of workplace pension schemes. NFU Mutual appointed Pitmans Trustees Limited (PTL) to establish this committee, which is called a Governance Advisory Arrangement (GAA).

The main role of the GAA is to assess the ongoing value for money for pension scheme members, and raise with the provider any concerns it may have. The full terms of reference and Annual report of the GAA are available to view as downloads on this page. 

If the provider does not address the concerns to the satisfaction of the GAA, the GAA can escalate those concerns to the Financial Conduct Authority. Each year, starting from April 2016, the GAA will openly publish an annual report on its work.

As a member, you are able to make your representations on any aspect of your pension policy known directly to the GAA, but please note that they are not able to deal with individual complaints. If you wish to make a representation to the GAA, please email Life_CST_Mailbox@nfumutual.co.uk. If your representation is a query or complaint, we will deal with it under our usual process, but otherwise we will acknowledge your comments and they will be passed in full to the GAA for their consideration. You will not normally receive any individual response from the GAA, unless they wish to seek more information or clarification from you. However, the GAA will ensure that all such representations reach them.