An opportunity has arisen for a Member Nominated Trustee.
Following the Trustees’ invitation for nominations, the selection process has been completed and it has been decided to appoint Mary Chapman as the Scheme’s Member Nominated Trustee (MNT).
The Trustees are pleased to announce the appointment of a new Scheme administrator, Buck, from 1 June 2020.
The Trustees meet at least four times a year to ensure the Scheme runs smoothly. Here’s what’s involved in a typical meeting…
The votes of the recent MNT election have been counted and verified and the successful candidates are Mary Lynch and Tony Murphy.
As active VisitBritain (VB) and VisitEngland (VE) members will be aware, there has been a delay in the implementation of the new Defined Contribution (DC) section and moving VB and VE members into it.
Catherine Palarca of Law Debentures has been appointed as Secretary to the Trustees on the resignation of Mark Jelbert of Capita.
The consultation process to close the Defined Benefit (DB) Pension Scheme to current VisitBritain and VisitEngland employees has now started.
The Scheme’s audited Report & Financial Statements for the year ended 31 March 2016 are now available to view.
As from February 2016 and having taken advice from the Scheme’s Actuary, the Trustees have put in place new commutation factors.
The Trustees have decided to extend the term of Member Nominated Trustee, Susan Bruce, for another 18 months.