2023
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
The Trustee's Report & Financial Statements for the year ended 31 December 2022 are now available.
11 Sep 2023
Results of the 2023 member nominated Trustee Director exercise
Geoffrey Sanderson has been re-elected as a member nominated Trustee Director.
10 Aug 2023
Further update on Capita’s cyber incident
This update follows our update on 8 June. As noted in previous updates, Capita experienced a cyber incident earlier this year which resulted in personal data being exfiltrated from their servers. This article provides an update on Capita's investigation into the cyber incident, the steps taken, and what additional steps members can take to protect their data.
8 Jun 2023
Further update on Capita’s cyber incident
This update follows our update on 25 May 2023. We have been working closely with Capita to identify members whose personal data may have been accessed as part of the Capita cyber incident. Letters will be sent out by Capita to all identified members. The letter will set out details of further support which will include access to a leading fraud monitoring service to alert you to any suspicious activity linked to your data. We will update the website once these letters have been issued.
25 May 2023
Important update on Capita’s cyber incident
Capita provide administration services to the Reuters Supplementary Pension Scheme. As noted in previous updates, Capita recently experienced a cyber incident which resulted in limited data exfiltration from their servers. Unfortunately, we recently received confirmation that some SPS data may have been accessed as a result of the cyber incident. Our present understanding is that the impacted data relates to some active pensioners and not deferred pensioners.
20 Apr 2023
Update on Capita cyber incident
We continue to work with Capita in relation to this incident. We are not aware that any SPS scheme data has been compromised but are liaising with Capita to confirm that this is the case.
4 Apr 2023
We apologise to any members who experienced difficulties contacting the Capita help desk or Hartlink on Friday. This was because of a cyber incident that affected Capita's computer systems. Capita have now provided the following update on the incident :https://www.capita.com/news/capita-plc-update-cyber-incident. Capita have told us that the helpline is now running as normal.
3 Mar 2023
UK Spring Budget 2023 – Pension changes
The Spring UK Budget included several important changes to pensions. In particular it announced changes to the Annual Allowance (AA) and the Lifetime Allowance (LTA). If you think you are affected by these changes then you may want to take advice depending on your individual situation. For further details see: www.gov.uk/government/publications/abolition-of-lifetime-allowance-and-increases-to-pension-tax-limits/pension-tax-limits
10 Jan 2023
Normal Minimum Pension Age (NMPA) to change
The Normal Minimum Pension Age (NMPA) is rising from age 55 to age 57 with effect from 6 April 2028. This is the minimum age, as set out by legislation, at which someone can start taking benefits from a workplace or personal pension scheme without incurring an unauthorised payments tax charge. It does not apply to those retiring on grounds of ill-health.