Latest news

Worried about your Thomas Cook pension?

We understand this is a very difficult time but if you're a member of a Thomas Cook defined benefit pension scheme you can be assured that your pension is protected by us

We’re welcoming three new Board members

I’m delighted to announce that Rodney Norman, Nailesh Rambhai and Anna Troup are joining our Board, bringing a broad range of highly relevant knowledge and experience. 

Our role during a restructuring or insolvency

BHS, Toys R Us, Debenhams, British Steel. In recent years we’ve seen a number of high-profile company insolvencies and restructurings.

More member benefit increases after ECJ ruling

In April, we confirmed that we had started to pay increased benefits to PPF and FAS pensioners who were most affected by the Court of Justice of the European Union’s (ECJ’s) ruling because they had had their benefits adjusted by the Long Service Cap.

New way to apply for a levy payment plan

Schemes that are genuinely unable to pay their levy invoice within 28 days have always been able to apply for a payment plan. A payment plan can spread the cost of the levy over a number of months. 

Our actuarial factors are changing

Every year we review the actuarial factors we use to calculate retirement quotes and pension benefits for our members. 

Our 2018/19 annual report shows strong performance

Today we’ve published our 2018/19 annual report and accounts outlining how we performed over the last year.

We’ve published our Senior Managers and Certification Regime

Today we’ve published our version of the Senior Managers and Certification Regime outlining the responsibilities of our senior people and how our organisation is arranged and governed.

Look out for our member survey email

Today we’re emailing 2,000 of our members to invite them to give us feedback on our customer service. The survey is part of maintaining our Service Mark accreditation and is open until 11th June.

Supporting vulnerable members

This week is Dementia Action Week (20th - 26th May), an opportunity to unite individuals, workplaces, and communities to take action to understand and improve the lives of people who are living with dementia.

Industry welcomes tips for managing risk

The pensions industry demonstrated its positive response to our contingency planning guidance, at an event attended by over 80 trustees and advisers in central London on Tuesday this week.

Our strategy for the next three years

Today we’ve published our 2019/22 Strategic Plan outlining how we’ll continue to protect our members in a volatile market while setting new standards.