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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.

Welcome to the Pearl Group Staff Pension Scheme

The Pearl Group Staff Pension Scheme is a trust based occupational pension scheme designed to provide valuable pension benefits for its members. As at 30 June 2020 the pension fund had an asset value of close to £3.1 billion and a membership of 17,996 in three different Final Salary Sections (Pearl, London Life and NPI) and one Money Purchase Section.

This website is designed to provide information for the scheme’s members, Trustees and Administrators.


This area of the site is dedicated to information applicable to members of the scheme.


This area of the site contains trustee documents and information.


This part of the site is for the Scheme Administrators to manage the site.

Contact Us

Use the link below to contact the Scheme Administrators...


Scheme Administrators

The Pearl Group Staff Pension Scheme is administered by First Actuarial LLP. To visit their website please click on the image below:

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