Lock-in Rule Consultation Extended
We’ve extended the deadline by a week to give as many employers as possible the chance to respond. Please see the consultation page and video below for more information.
DetailsEmployer Update
The Trustee has sent all employers, who were active when the Scheme closed on 30 June 2019, a booklet about recent Scheme updates, covering these topics: Scheme closure Employer lock-in rule Summary funding statement Investment strategy Section 75 employer debt Employer Information events Sharing your contact details You can download a copy of the booklet…
DetailsCyber Essentials
We’re delighted that Plumbing Pensions (UK) Administration Ltd has recently achieved the Cyber Essentials certification. This: Gives a clear picture of our cyber security level. Helps us guard against the most common cyber threats. Provides reassurance that we’re doing what we need to do to prepare and secure our systems against cyber attack. You can…
DetailsUpdate about Scheme closure
The legal deed to close the Scheme has been finalised and signed. Copies of the deed are available to employers on request. The closure deed makes the following key changes: No new benefits will be built up in the Plumbing & Mechanical Services (UK) Industry Scheme after 30 June 2019. All members actively contributing on…
DetailsPlumbing Pensions to close on 30 June 2019
After over 40 years of providing good value low cost pensions to the UK plumbing industry, it has been decided that Plumbing Pensions will close to future benefit accrual from 30 June 2019. This means that no-one will build up any new pension benefits in the Scheme after 30 June. Plumbing employers will need to…
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