The Trustee Board of the pension Plan is made up of eight Trustee Directors, who are ultimately responsible for ensuring that the correct benefits are paid to its members.   Legislation requires that at least a third of the Board be made up of members of the Plan, and should be nominated by the membership –...

Following Russia’s invasion of Ukraine and the subsequent imposition of a series of economic sanctions on key Russian nationals and banks, the HP Plan Trustee is keeping a close eye on the rapidly evolving situation.

Andrew Dodd retired as a Trustee Director at the end of October, after serving 23 years on the trustee board. We took this opportunity to ask Andrew how he feels the role has changed since he first became a trustee and to find out his plans for the future.

We’re living in an increasingly digital world. We can choose to manage our household bills, our bank accounts and even our weekly shopping online.

The terms of office for all three Member Nominated Trustee Directors (MNTDs) ended in October 2019 and nominations were requested for candidates to fill these positions. The Board is delighted that Phil Lawman chose to re-apply for a third term, he first joined the Board in 2011, and he was selected to fill one of the...

The High Court has recently decided a case to do with ‘Guaranteed Minimum Pensions’, (‘GMPs’). The judgement affects the Plan because some of its members’ pensions include a GMP element. The judgement confirms that pension schemes will need to provide equal benefits for men and women for pensionable service between 17 May 1990 and 6...