From the Chairman

02 September 2021

Welcome to the latest edition of Pension News containing articles and news items to keep you informed and help you make your pension-related decisions.

Sadly, we entered 2021 with the pandemic still affecting all our daily lives and the Trustee Board would like to take this opportunity to express our hopes that our members and their loved ones remain safe. The better news is that the vaccine roll-out is providing us all with the hope that, at least in the UK, we are beginning to see light as we emerge from the other side of this health crisis.

The Trustee Board has continued to hold regular virtual meetings to ensure that key pension issues remain in focus and the coming few months will be extremely busy for the Plan.

You will see an important announcement in this newsletter that the Trustee Board has decided to transition away from Capita and consolidate all our pension administration with Buck. You will receive updates over the coming weeks but for now you need take no action and can continue to work with your current administrator.

We continue to develop the www.oneemerson.co.uk website and have incorporated a ‘budget planner’ that we hope you will find helpful in assessing your financial needs in retirement.

On the funding and investment front, despite turbulent economic times, the DB Section continues to be very well funded and those with Defined Contribution benefits, we will be introducing important additions to the fund choices shortly following the transition to Buck.

Please let us know via the Plan administrators if there are any items that you would like to see covered in future issues of this newsletter.

David Meade
Chair of the Trustee Board

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