The Purple Book is vital for helping us understand the risks we face as an organisation with obligations to our members, in an environment of significant uncertainty.
Below is a list of historical effective dates with links to the correct guidance (G and H) and relevant assumptions (A and B). The effective dates relate to the time when the assets and liabilities of the scheme were calculated. To find the period of guidance that you’re looking for, simply click on the links attached to the dates. Please note that all dates are inclusive.
Pension Lifetime Allowance� The lifetime allowance (LTA) is the limit on how much you can build up in pension benefits over your lifetime while still receiving full tax benefits. The LTA is currently set at �1,073,100; if your pension pots go over the allowance, you�ll usually pay a charge.� Now the compensation cap is being removed; some members may be liable to pay a lifetime allowance charge on their PPF benefits.�
Climate change is one of the biggest issues on the global agenda. One that has the potential to impact businesses, economies and people everywhere. We�re actively looking to manage the impact of climate change and its related risks and opportunities through our investment approach. We're committed to:
The policy should be considered alongside our Statement of Investment Principles (SIP), our Climate Change Policy and our overall RI framework and strategy�The SIP is the written statement governing our decisions about investments, and reflects the objectives and timeframes of our current and future beneficiaries and stakeholders.�
Do work you’re proud of when you find your new job with us.
You need to allow cookies to view this video. Click the below link to manage your cookie settings and select "Targeting Cookies" on the left hand side.
