Latest news

24 Jul 2025

The Trustee's Report & Financial Statements and the Implementation Statement for the year ended 31 December 2024 and the Statement of Investment Principles are now available.

5 Dec 2024

Inheritance tax changes — Autumn Budget 2024

21 Oct 2024

Annual inflation figures confirmed

The annual increases in the RPI and CPI for the 12 months to 30 September 2024 have been published by the Office for National Statistics.

11 Oct 2024

2024 'Update' newsletter is out

The 2024 edition of the 'Update' members' newsletter has been published.

29 Jul 2024

Trustee's Financial Documents

The Trustee's Report & Financial Statements and the Implementation Statement for the year ended 31 December 2023 have been finalised and are now available.

2 Jul 2024

Summary Funding Statement

The Trustee's latest Summary Funding Statement has now been published.

18 Apr 2024

Trustee update on 31 December 2022 actuarial valuation and discretionary increase

We are pleased to report that the actuarial valuation as at 31 December 2022 has been completed and agreement has been reached to extend the current cost of living agreement. Please read this update for further details.

15 Feb 2024

Abolition of the Lifetime Allowance post-April 2023

The lifetime allowance, or ‘LTA’, will no longer be in effect from 6 April 2024 and new allowances are being introduced. Please read this update for more details. For further information on the new allowances, please contact Capita, the scheme administrator.

13 Nov 2023

2023 'Update' newsletter is out

The 2023 edition of the 'Update' members' newsletter has been published.

6 Nov 2023

Annual inflation figures confirmed

The annual increases in the RPI and CPI for the 12 months to 30 September 2023 have been published by the Office for National Statistics.

4 Oct 2023

Trustee's Financial Documents

The Trustee's Report & Financial Statements for the year ended 31 December 2022 are now available.