Latest News

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1 - P-Solve - Investment Manager
P-Solve Limited (the Investment Manager which looks after the Scheme's assets and AVC funds) is changing its n...
2 - The Scheme administrators are changing their ...
Punter Southall Administration Ltd (PSAL) are changing their name to XPS Administration.  The rebranding ...
3 - Data Protection Fair Processing Notice publis...
As part of their preparation for the General Data Protection Regulations (GDPR) coming into force on 25 May 20...
4 - Consultation closure letter added
The company has published a consultation outcome letter which can be found here.   A consultation p...
5 - New Scheme Administrator
With effect from 1 February 2018, the Scheme Administrator has changed from Aon Hewitt to PS Administration Li...
6 - New Consultation Q&As added
The Company has published a second set of Questions & Answers in relation to the Pensions Consultation.&nb...
7 - Pensions Consultation 2018
The Company has commenced a consultation period with active members of the Leonardo Helicopters Pension Scheme...
8 - Buy Up
The Buy Up option allows you to pay more pension contributions in return for a higher accrual rate: in effect ...
9 - Latest edition of Intouch out now
The 31st edition of intouch will be posted to all members this week. To view an electronic copy, click here. ...
10 - Pension Increase Exchange (PIE) Offer
In August 2016, AgustaWestland Limited (now Leonardo MW Ltd) wrote to all pensioners of the Scheme regarding i...
11 - 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
12 - 2015 Summary Funding Statement published
The 2015 Summary Funding Statement - which sets out the funding position as at April 2015 - is available ...
13 - 2015 Summary Report and Accounts
A Summary of the 2015 Report and Accounts is available online.  To view an electronic copy, click he...
14 - Flexiday - changes to AVCs
You may be aware that new legislation is being brought in to introduce greater flexibility for defined contrib...
15 - Flexiday - transferring defined benefit pensi...
Members with defined benefit pension are able to transfer out all their benefits from the Scheme to a defined ...
16 - Skandia changes name to Old Mutual Wealth
The AgustaWestland investment platform provider, Skandia, has changed its name to Old Mutual Wealth.  Ska...
17 - Budget 2014
In the 2014 budget the Chancellor announced a series of significant changes to defined contribution (DC) pensi...
18 - AVC Update
The change to AVC provider to Skandia is progressing well.  The contributions which were deducted from yo...
19 - Equitable Life Payment Scheme
We have received news that over 650 of our members are eligible for a payment from the Equitable Life Payment ...
20 - Smart changes
The Company is changing the terms of smart.  All active members will be sent a letter in August 2013. Cl...
21 - Net pay calculator
We are pleased to provide a net pay calculator.  This allows members to see the real cost of pension savi...
22 - Pension liberation fraud
It has come to our attention that some companies are claiming that they can help you cash in your pension earl...
23 - Proposed changes to the State Pension
On 14 January 2013, the Government published a White Paper – The single-tier pension: a simple foundatio...
24 - Annuity rates
An annuity is a secure, regular income which you would purchase from an insurance company using any ...
25 - New Supplement Guide
We have a new Supplement Guide - which has been produced to explain the new options relating to...
26 - Pension Scheme of the Year 2011
The Pension Scheme of the Year Awards aim to recognise the best pension funds in Britain.  The Trustees ...
27 - Block 1 statement
All active members will be sent a "Block 1 Statement" on 15 July 2011.  This explains the benefits you ha...
28 - Career Salary information
A presentation has been added to the website which demonstrates how we will calculate your Career Salary benef...
29 - Retention of powers
In the October 2010 edition of intouch, the Trustees notified you of their intention to pass a resolution to r...
30 - Pension tax changes
The Government is making some changes to the tax rules for those with high pension savings.  From 6 April...