Today we welcome two new Directors to the Trustee Board – Garry Forster and Rudi Klein. Garry and Rudi have been nominated by the Scottish & Northern Ireland Plumbing Employers Federation (SNIPEF) but their role as Directors is to set aside all other interests and act in the best interests of all members of the…
DetailsEvery three years the Actuary carries out a formal financial health check for the Scheme called an actuarial valuation. The Trustee has considered the preliminary results of the 2020 actuarial valuation and discussed the findings with the Pensions Regulator and the Constituent Organisations that control the Scheme (SNIPEF, the APHC and Unite the Union). We…
DetailsEvery 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…
DetailsThe 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…
DetailsThe Trustee Board and the three Constituent Organisations (Unite the Union, SNIPEF and the APHC) that oversee the Scheme have agreed to carry out a review of its governance structures. The Trustee Board has appointed an independent governance consultant, Pi Consulting (UK) Ltd (“Pi Consulting”) to help. The aim of the governance review is to:…
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