In response to the potential spread of COVID-19, we continue to closely monitor the situation and take action to minimise any impact on the day to day operation of our pension scheme.
The wider impact of coronavirus on financial markets will impact the Scheme’s investments in the short term; however the way in which the defined benefit section invests its funds means we are well placed to minimise the impact on the Scheme.
We have robust measures in place so that we are prepared to respond to the evolving situation. This includes establishing contingency plans to safeguard the staff who look after the Scheme and making sure that pensions are paid on time. The Administration Team are equipped to answer any queries about your pension in the coming weeks and months. However, we ask members to consider whether your query is urgent and if it could be answered by another method such as email or the website.
If you have a query about your pension, you can contact the Administration Team using the contact details listed here.
We will continue to keep a close eye on developments and if the situation or advice changes, then we will issue further communications.
Your health
Please continue to follow the advice of the government about your own health. Information can be found at www.gov.uk/coronavirus