Articles from the year 2020

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Trustee
Statement prepared by the Trustee

Statement prepared by the Trustee

The Trustee believes that the proposed transaction is in the interests of the members of the pension scheme and is pleased to have signed a Memorandum...
Trustee
Pete Foster Retires from the Trustee board of the AA Pension Scheme after 16 years

Pete Foster Retires from the Trustee board of the AA Pension Scheme after 16 years

In early October, the Trustee ran a Member Nominated Trustee Director (MNTD) selection panel as our existing MNTDs’ terms of office expire on 31 October...
Wellbeing
Protect your financial self

Protect your financial self

During the COVID-19 pandemic, there have been reports of a 400% increase in scams as a result of coronavirus-related fraud. Action Fraud, the UK’s...
Scheme news
Coronavirus update

Coronavirus update

As the impact of the coronavirus is felt across the UK, we want to let members of the AA Pension Scheme (the Scheme) know that the Trustee’s top...
Tax and legislation
State Pensions increase by 3.9%

State Pensions increase by 3.9%

From 6 April 2020, the State Pension, for those who reached their State Pension Age on or after 6 April 2016 will rise by 3.9% to £175.20 a week...
Pension news
What Does 2020 Hold for Pensions?

What Does 2020 Hold for Pensions?

Pension schemes have always had to deal with large amounts of industry and regulatory changes, and now The Pensions Regulator (TPR) has sent a very...
Pension news
British Steel trustees are cleared by The Pensions Ombudsman

British Steel trustees are cleared by The Pensions Ombudsman

The Pensions Ombudsman has rejected a number of complaints against the trustees of the embattled and collapsed British Steel Pension Scheme (BSPS).
Pension news
A busy 2020 is predicted for the pensions industry

A busy 2020 is predicted for the pensions industry

Pension experts have forecast a hectic 2020 for the industry, with the expected Pensions Schemes Bill and increased calls for responsible investment top...
Wellbeing
Millennials are driving interest in sustainable investment

Millennials are driving interest in sustainable investment

Sustainable, socially responsible or ESG (environmental, social and governance) investing is on the rise, in companies or funds which aim to achieve...