Scottish Friendly Governance Advisory Arrangement Annual Reports

The Governance Advisory Arrangement (GAA) works solely in the interests of customers who have a workplace personal pension and is independent of Scottish Friendly. The Financial Conduct Authority (FCA) introduced the role of the GAA for workplace pensions to ensure the pension schemes deliver value for money for members.

On this page you'll be able to read the annual report,  the Value for Money (VfM) assessment, view a breakdown of fund cost and charges and see illustrations of the compounding effect of the costs and charges on your funds.

Governance Advisory Arrangement Annual Reports Archive

View previous reports from 2020 and 2019