The Scheme closure to new benefit accrual in 2019 meant that we’ve had to review the way we calculate and issue employer VAT invoices. We have written to employers to explain why we need to make this change and what we plan to do. Employers can find further information in the letter that we have…Details
The law requires the Trustee to pursue the section 75 employer debts due from employers who have not paid up. The Trustee has petitioned the Scottish Courts to provide directions. Last week the court issued a note to explain its reasons for declining to give directions to the Trustee’s petition at the current time. The…Details
An employer update was sent out this week. In the newsletter you can read about the actuarial valuation, petition to court and other news.
The Trustee Board and the Constituent Bodies that manage the Scheme (APHC, SNIPEF and Unite the Union) are making good progress on the governance review project. All four parties have been working through the detailed proposals, which is taking time given the Scheme’s complexity. Once agreement has been reached on the proposed way forward, the…Details
The Trustee Board, the APHC, SNIPEF and Unite the Union are fully committed to the project and all four parties are making good progress. However, there is a considerable amount of work involved in the Scheme’s governance review project. You can find out more here.