Andrew Dodd retired as a Trustee Director at the end of October, after serving 23 years on the trustee board. We took this opportunity to ask Andrew how he feels the role has changed since he first became a trustee and to find out his plans for the future.Q: How... Read more...
Scammers are targeting pension pots of all sizes – make sure you know how to spot the signs Pension scammers are targeting people like you with the average victim losing £91,000 each. Scams are hard to spot and are often disguised with credible websites, testimonials and materials which make them... Read more...
In response to our recent letter titled ‘Who do you want to receive any benefits payable from the Plan?’ we have received several very good questions from members and we thought to share the responses more widely. As the Plan’s Trustee, we will use your Expression of Wish Form to... Read more...
You may have recently received a letter asking you to complete and return an Expression of Wish Form. This Form is very important as it helps the Trustee to determine more quickly who should receive any benefits from the Plan if you die. Therefore we would encourage you to complete... Read more...
The Pension Protection Fund (PPF) has joined forces with six other pension bodies to produce a new guide to explain how your pension is protected and how to avoid scams during the COVID-19 pandemic. This easy to read guide provides key information and advice from reputable... Read more...
Action Fraud have reported a 400% increase in scams as a result of coronavirus-related fraud with total losses reaching nearly £970,000. It’s more important than ever to ensure the safety of your pension, so if you receive an unsolicited phone call, or any paperwork asking for an immediate signature, it’s... Read more...
Unfortunately, it is a fact of life that we all need to be aware of fraud and how to make sure we avoid it. It appears that scammers are taking advantage of the COVID-19 epidemic to devise new ways to attempt to de-fraud people, so we are asking you to... Read more...
From 6 April 2020, the State Pension, for those who reached their State Pension Age on or after 6 April 2016 will rise by 3.9% to £175.20 a week (£9,110.40 a year). For those who reached their State Pension Age before 6 April 2016, they will see their Basic State... Read more...
Some members of the Plan currently have Additional Voluntary Contributions (AVCs) invested with Equitable Life as part of a Group Policy where the Trustee is the Policyholder. In 2018, Equitable Life announced their intention to withdraw from the market and transfer their business to Utmost Life and Pensions. The proposed... Read more...
Wednesday 24 July heralded a new era for British politics with Boris Johnson taking the reigns as Britain’s latest Prime Minister. His first job, to appoint his Cabinet colleagues saw the biggest ministerial shake up in living history. Whilst Mr Johnson’s appointments will see a number of Government Departments with... Read more...