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The HP Limited Retirement Benefits Plan

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PensionBytesNews, views, and announcements from your Trustee

Articles from the year 2024

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Plan news Trustee Image of Deadline for receiving Pension Increase Exchange applications

Deadline for receiving Pension Increase Exchange applications

18 Nov 2024
The Trustee is consulting with all affected pensioner and dependant members who are currently receiving a Plan pension.
Plan news Tax & Legislation Image of GMP equalisation and retirement options update

GMP equalisation and retirement options update

11 Oct 2024
We recently provided an update about GMP equalisation and some new retirement options that were to be made available to you.
Scams Image of Change your password on MyPension

Change your password on MyPension

16 Sep 2024
From time to time it’s a good idea to update the passwords you use to access accounts which are personal to you.
Plan news Trustee Image of GMP proposal: confirming our decision

GMP proposal: confirming our decision

12 Sep 2024
We wrote to certain members in May to explain that: we need to address a historical inequality arising from legislation, relating to some Guaranteed Minimum Pension (GMP) benefits in the Plan; and that to do sowe proposed to convert all GMPs into a different form of pension – ensuring that there was no reduction to...
Plan news Trustee Image of Administration update

Administration update

01 Jul 2024
As your Trustee, we are supported by several professional advisers or organisations who are experts in providing specific services.
Plan news Funding Investment Tax & Legislation Trustee Image of Discretionary increases

Discretionary increases

10 Jun 2024
Depending on your communication preference, we recently sent to you either an email or letter about Discretionary increases within the Plan. A copy of the content from this is shown here. 
Plan news Image of GMP proposal: confirming our decision

GMP proposal: confirming our decision

30 Apr 2024
Earlier this year, we wrote to all members of the Hewlett-Packard Retirement Benefits Limited Plan (the Plan)
Tax & Legislation Image of Lifetime Allowance changes explained

Lifetime Allowance changes explained

22 Apr 2024
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.
Tax & Legislation Image of Update on the Lifetime Allowance

Update on the Lifetime Allowance

21 Feb 2024
Since 2006, pension savings have been subject to a Lifetime Allowance (LTA), which places a limit on the overall value you can build up across all your pensions before having to pay additional tax. For the 2022/23 tax year, the LTA stood at £1,073,000. 
Tax & Legislation Image of Pension updates from the Autumn Statement

Pension updates from the Autumn Statement

04 Jan 2024
On 22 November 2023, Chancellor Jeremy Hunt delivered his Autumn Statement, setting out the Government’s key commitments and objectives for the UK economy. The announcement contained some measures that could affect your pension planning.

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