In this edition we talk to Gill Manning, Company Appointed Trustee and Chair of the Investment Sub-Committee, about life as a Trustee and the recently published Taskforce on Climate-related Financial Disclosures (TCFD) report. 

If you paid Additional Voluntary Contributions (AVCs), these are held in a separate account and can be used to provide additional benefits at retirement.

You may have heard the term ‘Liability Driven Investments (LDI)’ in the press recently and be wondering how it affects this Plan and your pension. We thought it would be useful to explain a little about what LDI is and why the Plan uses it as part of its investment strategy to manage its funding...

We've updated the Plan's Summary Funding Statement at October 2022. Here you can read the results along with comparisons to previous years.

We previously posted an article on the website regarding the recent news in the press about market volatility. As stated, the Trustee is closely monitoring the situation and we’d like to further reassure Pensioner members that payment of pensions will remain unaffected.

Many of you will be concerned about the current news headlines and the recent market volatility and we want to provide you with some reassurance about what this means for the Plan. 

Some members of the Plan have Additional Voluntary Contributions (AVCs) invested with other AVC providers. 

We know that pension fund members are interested in climate change and how the way we invest can encourage good practice in this area.

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.