The Trustee has sent employers today a short booklet about a proposal to close the Scheme to future benefit accrual. Please respond with your views on this important decision by 16th September 2018. The Trustee wants to hear from as many employers as possible. Please get in touch with the administration team if you have…
The Trustee has posted today its response to employers following the 2nd employer debt consultation. The response includes the next steps, the process to calculate employer debts and expected timescales. Please get in touch with the administration team if you have any questions or comments.
The Trustee has written to participating employers about a proposal to close the Scheme to future benefit accrual from a date to be agreed. The Trustee believes the increases in contributions needed to cover the cost of future benefit accrual would be unaffordable for many employees and employers. The Trustee is initially seeking feedback from employers.…
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