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Worried about your McColl's pension?

We understand this is a very difficult time. If you’re a member of the McColl's Pension Schemes (TM Pension Plan or TM Group Pension Scheme), here’s what to do and who to call if you have questions about your pension.

We’ve published our latest strategic plan

By achieving the goals set out in our last strategic plan, we’ve built strong foundations to protect our members going forward. Our 2022-25 Strategic Plan sets out our priorities for the next three years. We've also published our new Business Plan for 2022/23.

New consultation on gap years for dependents

The Department for Work and Pensions (DWP) has launched a consultation on a proposed regulation which will allow dependent child survivors of our members to take a gap year from full time education. 

Our comment on the DWP White Paper ‘Protecting defined benefit pension schemes'

The Department for Work and Pensions today published their policy paper, ‘Protecting defined benefit pension schemes’. This follows the Green Paper from February 2017, 'Security and Sustainability in Defined Benefit Pension Schemes'.

We're inviting members to take part in research

We’re contacting some of our PPF and FAS members this week with an invitation to take part in some research. 

Changes to the FAS compensation cap

Each year the compensation cap for FAS members is increased in line with inflation, with changes taking effect from 1 April.

What are factors?

As with all defined benefit pension schemes, we use factors to calculate your PPF benefits to make sure we're paying you your correct pension, whether you want to retire before, after or on your retirement date, and whether or not you take a tax-free lump sum. 

You can now find us on Facebook

This week marks the launch of our new Facebook page. If you are a member, a scheme we look after or a stakeholder, our Facebook page is a new way to connect and engage with us online.

Fashion show raises money for Mind in Croydon

On the 10  October, in recognition of World Mental Health Day 2018, we organised a local fundraising event called Never Mind the Catwalk to raise money for our charity partners Mind in Croydon.

Court of Justice of the European Union judgement - update

Following the judgment of the Court of Justice of the European Union (CJEU) last month, we have started to write to capped members who we believe are affected by the ruling. This is to confirm our records, because we do not have all the data we need to calculate the increase due. We will be writing in tranches over the coming weeks, so members who believe they are affected, but do not receive a letter immediately, do not need to contact us.