Pensions are constantly evolving and there may be changes that affect your membership, so it’s important to keep up to date with what’s happening.
In these new issues, you can find out more about how our careful and considerate approach when it comes to funding has continued to stand up well to the challenges we've faced during the Covid-19 pandemic.
The Pensions Regulator gives pension trustees and scheme managers more powers to help prevent scams.
We have come to the conclusion that Prudential is no longer an appropriate AVC provider for us and have selected Aegon as our AVC provider for future contributions
The 2021 Scheme AGM will be held on Monday 22 November 2021 starting at 1pm.
The change does not affect the day-to-day administration or management of your pension.
According to the Financial Conduct Authority, scammers defrauded people out of more than £2million worth of pension savings so far this year.
Prudential, our current AVC provider, have made the Trustee aware of significant delays in the processing of contributions.
The Government-backed Money and Pensions Service (MaPS) is launching MoneyHelper.
Have you thought about what will happen to your pension, if you die before it’s claimed?
News about your Scheme pension increase for the 2021- 2022 tax year
A round-up of the latest developments that may affect your pension…
As we embark on another new year, it’s the perfect time to take control of your pension and set yourself up for the future. Here’s a few tips on how to start.
You can now choose to access your pension as early as age 55, which is the legal, minimum retirement age.
Pension scams have been on the rise during the Coronavirus crisis.
The age at which people can start claiming a State Pension has now officially risen from 65 to 66.
The 2020 issues of your SLC, Atkins, Cavendish Nuclear and NNL newsletters are now available online.
Two new sets of guidance have been produced to provide support for pension savers in the times of financial uncertainty caused by the Covid-19 outbreak.
During this uncertain time members of many pension schemes might look to transfer their pension and they could be targeted by scammers.
A message of reassurance to our members.
An article on the 2020/2021 pension increase including information on GMP and State Pension increase too.
Members of the SLC Section need to take action by 20 March 2020.
The UK is officially withdrawing from the European Union on 31 January 2020 and will be in a transition period until 31 December 2020.
We have recently completed a selection process for vacancies on the Trustee Board.
You’ll soon be able to register for your own personal myESPS account to view details of your pension account.
We'd love to hear your feedback on your new website, so please get in touch.
Pensions dashboards were first announced in the 2016 Budget as a way to help people see information about all their pension savings in one place, including their State Pension.
In 2018, a High Court ruled that benefits arising from Guaranteed Minimum Pension (GMP) must be equalised for men and women.
The Scheme’s Annual Meeting will take place on Monday 25 November 2019 at the offices of Eversheds Sutherland.
The Magnox Electric Group Trustee Annual Meeting will be held on Friday 6th December 2019.
The Lifetime Allowance (LTA) increased to £1,055,000 from 6 April 2019.
From 6 April, the Single Financial Guidance Body will be re-named as the Money and Pensions Service (MAPS).
In January 2019, cold calls on pensions became illegal. Make sure you know the warning signs of scams.
You can find out more about the latest developments affecting your Scheme pension in your member newsletter.
Take me there >>