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Are First Actuarial (Scheme Administrators) aware of your current postal address? If not please complete a change of address notification form to ensure you continue to receive important information about your pension scheme.


Latest news

26/04/2024 - CHANGE OF BANKING ARRANGEMENTS - Please note that with effect from the April 2024 pension payment, due to a change of scheme banking arrangements, the name that will appear on your bank statement will change from Pearl Group Services to P.A.T (Pensions) Ltd. This will have no effect on your regular monthly pension payments.

20/03/2024 - PENSION INCREASES 2024 - The increase to Final Salary, Hybrid and Pre 2019 Money Purchase pensions in payment from April 2024 is 4.5%. The statutory increase to the Post 88 GMP this year will be 3%. The Increases to post 2019 Money Purchase pensions in payment from April 2024 are 2.5% for post 2005 pension and 3.4% for pre 2005 and AVC pensions. The increase confirmation letters are planned to be posted by 15th April but we will update the web site if this is likely to change. If you have any queries on pension increases there is a Questions and Answers document available on the website here.

19/12/2023 - Pensioners pay for December will be paid on the 22nd December.



Money Purchase Investment Information

Members with Money Purchase benefits can either choose to invest in Retirement Pathway Funds or in a range of Self Select Funds. How you choose to invest your Money Purchase Account is an important decision. Your choice can make a real difference to the value of your Money Purchase Account, and the level of retirement benefits it will provide for you.

The information below has been provided to help you understand the investment options available and to give you access to specific fund information.

Money Purchase Investment Information