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.
Pi Consulting has completed its review of the Scheme’s governance arrangements. Representatives from the Trustee, employer trade associations and the union are currently considering the recommendations and how they might work in practice. Once agreement has been reached on the recommendations to take forward, we will write to all the Scheme’s members and participating employers…Details
The Trustee and Constituent Organisations have recently agreed a new Deed of Amendment to the Scheme’s Rules to extend the employer lock-in rule by 6 months to 30 June 2021. The lock-in rule prevents employers from ceasing to be a Participating Employer of the Scheme without Trustee consent while the rule is in place. A…Details
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…Details
Every 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…Details