On Wednesday 15th March 2023, Chancellor Jeremy Hunt delivered his Spring Budget, which included the biggest shake-up in the taxation of pensions for over a decade. The Lifetime Allowance is being abolished altogether and the standard Annual Allowance is being increased by 50%. In simple terms, these changes will enable... Read more...
The terms of office for all three Member Nominated Trustee Directors (MNTDs) ended on November 1 2022 and nominations were requested for candidates to fill these positions. The Board is delighted that Phil Lawman, Beverly Clements and Philip French all chose to re-apply for a further term and were selected... Read more...
We previously posted an article on the website regarding the recent news in the press about market volatility. As stated, the Trustee is closely monitoring the situation and we’d like to further reassure Pensioner members that payment of pensions will remain unaffected. If you’re yet to take your pension from... Read more...
Many of you will be concerned about the current news headlines and the recent market volatility and we want to provide you with some reassurance about what this means for the Plan. In terms of the impact of the rising bond yields and subsequent action taken by the Bank of... Read more...
We're pleased to launch our second HP podcast of the series. Here, we talk to Phil Lawman, Member Nominated Trustee and Chair of the Operations Sub-Committee about his life as a Trustee and some of the initiatives the Plan will be working on in the coming months.
The Trustee Board of the pension Plan is made up of eight Trustee Directors, who are ultimately responsible for ensuring that the correct benefits are paid to its members. Legislation requires that at least a third of the Board be made up of members of the Plan, and should be... Read more...
Following Russia’s invasion of Ukraine and the subsequent imposition of a series of economic sanctions on key Russian nationals and banks, the HP Plan Trustee is keeping a close eye on the rapidly evolving situation. The Trustee regularly considers risks to the Plan as part of its ongoing governance duties... Read more...
As a Trustee Board, we’ll be posting regular blogs throughout the year to keep you up to date with all the latest news and goings on with the HP Retirement Benefits Plan. A round up of 2021 at HPRBP We worked on many projects and initiatives during 2021 as a... Read more...
We're pleased to launch our new podcast series with a conversation with Paul Early, Chair of the The HP Limited Retirement Benefits Plan Trustee Board. Paul discusses what he enjoys about being a Trustee and some of the initiatives the Board are currently working on. Please note this interview was conducted in September... Read more...
Equiniti are delighted to confirm that the acquisition of EQ by Earth Private Holdings Ltd (a newly-formed company affiliated with Siris Group Capital, LLC (“Siris”)), is now complete, returning EQ to private ownership. Siris has recognised the strength of EQ’s people, expertise, and relationships with our clients. We are looking... Read more...