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...
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...