Every three years, the Actuary carries out a formal financial health check for the Scheme called an actuarial valuation. The Trustee appreciates that covid-19 has put significant financial pressure on many businesses and employers are anxious to know the results of the 2020 valuation. We are doing our best to progress the valuation as quickly…
The Scheme’s constitution requires the annual re-appointment of the independent trustee directors and the election of a Chairman. The Board has elected Jon Bridger as a new Chairman of the Trustee. Jon was originally appointed as an independent professional trustee Director in 2017 with a view to future succession planning, so he knows the Scheme…
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