News and updates
June 2010 Budget: Cash Equivalent Transfer Values
In his budget of 22 June 2010, the Chancellor announced that the Government is changing the up-rating that is applied to public sector pensions from the Retail Prices Index (RPI) model to the Consumer Prices Index (CPI). The implementation date has not yet been confirmed.
June Budget CETV
6th July 2010 : Civil Service Compensation Scheme
Changes to the Civil Service Compensation Scheme were announced today by Francis Maude, Minister for the Cabinet Office, in a Statement to the House of Commons.
Civil Service Compensation Scheme Reform.
17th May 2010 : Equitable Life Members
The Government have said that they intend to make ‘fair and transparent payments to Equitable Life policy holders, through an independent payment scheme, for their relative loss as a consequence of regulatory failure.’
We do not have any further details at this time and we will contact our Equitable Life members as soon as we have more information.
I have a question about my pension, who should I contact?
If you have a question about your pension please contact your pension administrator who wil be able to advise you. To find out who they are and their contact details please use
Pensions helplines and complaints
July 2010 AMC rate
5 July 2010: The yield used to calculate the AMC for July 2010 is 0.7%
AMC Rate
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