What Else Should I Know
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The SFHA Pension Scheme literature is now available to download in the Document Library.
Should you require hard copies please Contact Us. |
Employer’s obligations
The employer has a duty under the Trust Deed to advise The Pensions Trust immediately should the employer go into liquidation, receivership or administration or become bankrupt. If any other event occurs relating to the employer which may be of material significance to the Trustee or their advisers, The Pensions Trust must be notified.
Trustee insurance
In order to provide some protection for the Trustee against inadvertent regulatory failures for which the Trustee and the Pensions Committee are responsible, every participating employer is required to pay a small premium, which is currently approximately £18 every three years. You will be advised when payment is due.
Benefit statements
Benefit statements will be sent direct to members showing their accumulated benefits on an annual basis. These give a snap-shot of benefits at 1st April and are usually issued by the end of the following June.