Pension Overview

Every three years, with the support of the Scheme Actuary, we undertake a detailed review of the financial health of the DB Section, referred to as an Actuarial Valuation....

Following Edward’s appointment as a Member Nominated Trustee Director in April, we have now seen a further appointment to the Board....

We wanted to share some recent news and updates to our Trustee Board....

Since 2006, pension savings have been subject to a Lifetime Allowance (LTA), which placed a limit on the overall value you can build up across all your pensions before having to pay additional tax....

On 6 March 2024, Chancellor Jeremy Hunt delivered his Spring Budget, setting out the Government’s key commitments and objectives for the UK economy....

We talked to William about what the role has given to him as well as what advice he has for the person who will be selected from the Active membership to fill his shoes....

The benefits you’ve built up in the DB Section depend on your Pensionable Service (the service you’ve completed with the Company as an Active member of the DB Section) and your Final Pensionable Ea...