Financial : Pensions

Any queries relating to Pensions, including Additional Voluntary Contributions (AVC’s) should be referred to the Pension Administrators:

Capita Pension Administrators, telephone 0845 6010607 or Freephone 0800 917 4552.
By post:  Capita Hartshead, Hartshead House, 2 Cutlers Gate, Sheffield, S4 7TL, UK
By email:  P&GPensions@capita.co.uk

If you have any queries about your state benefits please contact the SIGNpost information helpline.

If you are one of the ex-employees who were able to join the Company's Matched Savings Share Purchase Plan (MSSPP) when it was introduced in 1992, you will have seen the value of your shares increase considerably since then. The share price did take a tumble in the Spring of 2000 (which just illustrates how any share price can go down as well as up!), and they are now (Spring 2008) 3.6 times that low value of the Spring of 2000 and effectively worth eleven times their face value in the first year of the scheme after taking into account stock splits (not indexed for inflation)

You may now be considering what you should do with your shares: keep them, sell them, or buy some more. The decision is yours of course, but the following information may be of help.

The Pension Service
http://www.thepensionservice.gov.uk/