Trustee news

Topic: Date: Go

Updates to the Trust Deed and Rules

The Bank and the Trustee have approved and adopted a new version of the Definitive Trust Deed and Rules of the Fund.

Posted on Apr 14, 2021 | Read more 

Take a closer look at the finances

See the latest Annual Report and Accounts for the year to 31 December 2020.

Posted on Apr 06, 2021 | Read more 

How GMP equalisation could affect your pension

Some members of the Fund have a Guaranteed Minimum Pension (GMP)aspart of their Fund pension, which is calculated differently for males and females. This can cause males and females to receive different pension amounts. However, the law has changed which means we now need to recalculate the total benefit for some members so that it doesn’t matter if you’re male or female. This process is called ‘GMP equalisation’.

Posted on Feb 05, 2021 | Read more