We’re living in an increasingly digital world. We can choose to manage our household bills, our bank accounts and even our weekly shopping online.

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. 

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 likely to be a scam....

Given the significant and fast-moving development of the Coronavirus (COVID-19) issue, and the Government’s policy in relation to how the UK needs to react to this, we want to update you further on how we are responding to the situation. 

As the impact of the coronavirus is felt across the UK, we want to reassure members that looking after their pension is the Trustee’s top priority. We have been working with all our advisers to understand what plans they have in place to mitigate the potential impact on their staff levels. We are confident the...

The terms of office for all three Member Nominated Trustee Directors (MNTDs) ended in October 2019 and nominations were requested for candidates to fill these positions. The Board is delighted that Phil Lawman chose to re-apply for a third term, he first joined the Board in 2011, and he was selected to fill one of the...

The Equitable Life Assurance Society (“Equitable Life”) business transfer to Utmost Life and Pensions Limited (“ULP”) was completed on 1 January 2020 as planned. At their meeting on 1 November 2019, Equitable Life Policyholders voted overwhelmingly in favour of closure of Equitable Life’s With-Profits Fund and the transfer to ULP, which includes the conversion of...

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 transfer of business (the ‘Transfer’),...

As a Plan member you have a number of options as to how you access your benefits. So, as you near retirement it is important that you take the time to understand them. That way you can make the right decision for your circumstances.