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Pension Overview

Scheme news

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Stephanie Nuttall interview

In July 2024 Stephanie Nuttall joined M&G as our new Pensions Manager, following the retirement of Marion Steel....

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Scheme’s highlights from 2024 and looking forward to 2025

As we begin a new calendar year, we thought we’d review some of the Scheme’s highlights from 2024 and take a look at what lies ahead in 2025....

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Interview with Keith Bedell-Pearce

We recently spoke to Keith Bedell-Pearce, Chairman of the Trustee, about his role and his vision for the Scheme....

Article image for Transfer values, cash lump sums, and early / late retirement pensions: the impact of changing interest rates

Transfer values, cash lump sums, and early / late retirement pensions: the impact of changing interest rates

The benefits you’ve built up in the DB Section depend on your Pensionable Service....

Article image for A conversation with Neil Wharmby, our Scheme Actuary

A conversation with Neil Wharmby, our Scheme Actuary

Each year, with the help of our Scheme Actuary we assess the financial health of the DB Section....

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Summary of the Trustee’s Annual Report and Financial Statements

Each year the Trustee produces the Scheme’s Annual Report and Financial Statements, which are audited by KPMG....

Article image for Your latest Summary Funding Statement is available online

Your latest Summary Funding Statement is available online

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....

Article image for A new Trustee Director and a new Pensions Manager

A new Trustee Director and a new Pensions Manager

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

Article image for Transfer values, cash lump sums, and early / late retirement pensions: the impact of changing interest rates – an update

Transfer values, cash lump sums, and early / late retirement pensions: the impact of changing interest rates – an update

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...