Latest News

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1 - Pension Increase Exchange (PIE) Offer
In August 2016, AgustaWestland Limited (now Leonardo MW Ltd) wrote to all pensioners of the Scheme regarding i...
2 - Latest edition of Intouch out now
The 30th edition of intouch will be posted to all members this week. To view an electronic copy, click here. ...
3 - AVC changes - new fund choices
The Trustee has made some changes to the AVC funds on offer.  Click here for more details. 22 June 2016
4 - 2015 Summary Funding Statement published
The 2015 Summary Funding Statement - which sets out the funding position as at April 2015 - is available ...
5 - 2015 Summary Report and Accounts
A Summary of the 2015 Report and Accounts is available online.  To view an electronic copy, click he...
6 - Pension Workshops are back!
There are now new dates for another round of Pension Workshops.  If you would like to attend any of the w...
7 - Flexiday - changes to AVCs
You may be aware that new legislation is being brought in to introduce greater flexibility for defined contrib...
8 - Flexiday - transferring defined benefit pensi...
Members with defined benefit pension are able to transfer out all their benefits from the Scheme to a defined ...
9 - Pension Consultation Drop In Sessions
A consultation in taking place on changes to the AgustaWestland UK Pension Scheme proposed by the Company. Th...
10 - Skandia changes name to Old Mutual Wealth
The AgustaWestland investment platform provider, Skandia, has changed its name to Old Mutual Wealth.  Ska...
11 - New Pension Workshops
For more information about the new pension workshops, click here 17 April 2014
12 - Budget 2014
In the 2014 budget the Chancellor announced a series of significant changes to defined contribution (DC) pensi...
13 - AVC Update
The change to AVC provider to Skandia is progressing well.  The contributions which were deducted from yo...
14 - Equitable Life Payment Scheme
We have received news that over 650 of our members are eligible for a payment from the Equitable Life Payment ...
15 - Smart changes
The Company is changing the terms of smart.  All active members will be sent a letter in August 2013. Cl...
16 - Net pay calculator
We are pleased to provide a net pay calculator.  This allows members to see the real cost of pension savi...
17 - Pension liberation fraud
It has come to our attention that some companies are claiming that they can help you cash in your pension earl...
18 - Proposed changes to the State Pension
On 14 January 2013, the Government published a White Paper – The single-tier pension: a simple foundatio...
19 - Annuity rates
An annuity is a secure, regular income which you would purchase from an insurance company using any ...
20 - Buy Up
The Buy Up option allows you to pay more pension contributions in return for a higher accrual rate: in effect ...
21 - Benefit statements 2012
Benefit statements will be issued in the coming weeks.  They will show your benefits to 5 April 2012. 23...
22 - New Supplement Guide
We have a new Supplement Guide - which has been produced to explain the new options relating to...
23 - Scheme name change
The pension scheme has changed its name to the AgustaWestland UK Pension Scheme.  This change has been ma...
24 - Pension Scheme of the Year 2011
The Pension Scheme of the Year Awards aim to recognise the best pension funds in Britain.  The Trustees ...
25 - Block 1 statement
All active members will be sent a "Block 1 Statement" on 15 July 2011.  This explains the benefits you ha...
26 - Career Salary information
A presentation has been added to the website which demonstrates how we will calculate your Career Salary benef...
27 - Retention of powers
In the October 2010 edition of intouch, the Trustees notified you of their intention to pass a resolution to r...
28 - Equitable Life
This update is only relevant to former members of the Westland Staff Pension Scheme who paid voluntary savings...
29 - Pension tax changes
The Government is making some changes to the tax rules for those with high pension savings.  From 6 April...
30 - Proposals for change
The Company consultation on changes to the Scheme benefits concluded in August 2010.  The Trustees a...
31 - Launch of website
The Trustees are pleased to launch this website for the Westland Pension Scheme. The Trustees have spent time...
32 - Benefits statements
Benefits Statement for 2009-2010 were issued in September 2010 to all active members of the Scheme. Contact A...