Further Employer Update
We have issued a further employer update, which covers the following: Investment matters Reminder: mandatory employer return Reminder: new employer portal Please click here for further information.
Employer Update
We have issued an employer update on the following: New employer portal Employer return Scheme governance review 2020 actuarial valuation Please click here for further information.
Scheme Rules Update
The Trustee and Constituent Organisations have recently agreed a new Deed of Amendment to the Scheme’s Rules to reflect the recent change in corporate structure of the Scottish & Northern Ireland Plumbing Employers’ Federation. Copies of the new deed are available on request.
Petition to Court – Update
The Trustee that runs the Scheme, Plumbing Pensions (U.K.) Ltd, has submitted a petition to the Court of Session in Edinburgh to seek directions. The Trustee has applied to the Court to extend the period for lodging answers to 35 days ie to 27 April 2020. However, in light of the current difficulties being faced…
Petition to Court – Update
The Trustee that runs the Scheme, Plumbing Pensions (U.K.) Ltd, has submitted a petition to the Court of Session in Edinburgh to seek directions. The Court has issued an order which gives a 21 day time-limit for lodging answers to the Trustee’s petition from the date of an advertisement in The Times. The advert was…
Petition to Court
The Trustee that runs the Scheme, Plumbing Pensions (UK) Ltd, has made a petition to Court of Session in Edinburgh to seek directions. The Trustee has asked the court whether it can continue to use Scheme funds for section 75 employer debt matters. Section 75 employer debt legislation is complicated and says that employers must…
Petition to Court
The Trustee that runs the Scheme, Plumbing Pensions (U.K.) Ltd, has submitted a petition to the Court of Session in Edinburgh to seek directions. The Trustee has no funds of its own so it needs to know whether it can rely on the indemnity clause in the Scheme’s Rules to use Scheme funds for section…
