Back to news 13 November 2023

2023 'Update' Newsletter is out

The latest edition of the 'Update' members' newsletter has been published.

This can be viewed by clicking here


Update as at 24 November 2023

The Trustee wishes to highlight that an error has unfortunately been identified in the Trustee’s Report & Financial Statements for the year ending 31 December 2022. Due to an administrative oversight, the ‘Investment Strategy and Manager Structure’ section of the Trustee’s Report on page 13 incorrectly states ‘The investment strategy, which is set out in the Statement of Investment Principles, consists of a single bulk annuity contract, which covers the entirety of the Scheme’s liabilities’. This is not the case, and actually relates to the Reuters Supplementary Pension Scheme. 

The Trustee would, however, like to assure members that it undertakes extensive reviews of the draft Trustee’s Report & Financial Statements, in conjunction with its advisers, and will take additional steps to mitigate similar errors in future years.