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…
DetailsWe’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…
DetailsThe 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…
DetailsAfter 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…
DetailsThe Trustee and the Constituent Organisations that manage the Scheme have considered the consultation feedback but have not yet reached agreement on the next steps. This means that the Scheme may not close on 30 June 2019. If the Scheme does not close on 30 June 2019, employers and employees will need to continue contributing…
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