
Message from the chair
Welcome to your Winter 2021 edition of Simply Pensions. It is filled with the latest news and views across the Scheme as well as wider pensions related news. You can download a PDF of Simply Pensions for your Section, using the dropdown on the right.
At the start of 2021, the UK has continued to feel the impact of the coronavirus as we entered into another lockdown. I hope that you and your families have stayed well throughout this period and are now enjoying a bit more freedom. I would like to thank my fellow Trustee Directors and everyone in the administration team for their continued dedication to ensure the smooth running of the Scheme over this period. On page 10 of the PDF, you’ll find updated figures from the Scheme Report and Accounts.
In September we launched this site as part of the GMP equalisation consultation. The consultation is now closed but you can find more information about the changes here. We are very excited to continue to develop the site as a place for you, the members, to find useful information about the Scheme as well as Scheme documents and news updates. You can read more about the new site and our plans for its continued expansion on page 7 of Simply Pensions. For the latest news and changes that could affect you, take a look at the news round-up here or on page 8 of the PDF.
The new website supports our drive to be more environmentally friendly, providing you with more online content rather than posting printed communications. Where possible we would like to provide future newsletters electronically and I would encourage you to contact the Scheme’s Administrators to update your email address, so that we can let you know when a new edition of Simply Pensions is ready to view.
We have continued to hear information in the news about the global climate pledge and what we can all do to support the necessary changes. Sustainability is a key focus for the Pension Scheme and part of our duty to you, the Scheme members. In October 2021 I met with members from the Trustee Board and advisers to discuss what the Trustee Board are doing, the policies that are in place and the reasons why. You can read the article here, or on page 4 of the PDF.
You can find key scheme documents with further information, including the Responsible Investment Policy in the ‘About the Scheme’ section here.
And finally, we want to continue to evolve and improve the way we communicate with you.
If you have any questions or suggestions, please get in touch with the Scheme’s Administrators, Mercer. You can find their contact details at the bottom of this page.
Paul Trickett
Chair of Santander (UK) Group Pension Scheme Trustees Limited
December 2021
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information contact the
Scheme’s Administrator Mercer