Partial Conclusion

It would appear we have a conclusion of sorts

Any donation of 1% of your pension pot would be much appreciated.

H

From: Henry Nichols
Sent: 20 March 2013 21:24
To: Sutton, Philip; Leavesley, Kate
Subject: Re: TGFS Pension data verification

Mr Sutton,

I understand that L&G are still paying the members who are already in pension payment, please could you update on the situation?

It has been over a month since your previous communication

Regards

Richard (Henry) Nichols

Reply: -

Dear Mr Nichols

The buy-out has concluded and members pensions are now fully secured with AEGON. The reason why L&G are still paying the pensions is that it is standard practice on a transfer of pension payroll for the two providers (in this case L&G and AEGON) to run a parallel payroll process for a couple of months to check that they are getting the same results before the transfer is finalised. We are not aware of any issues with the payroll to date. We are preparing a final communication to members which will be issued in consultation with AEGON shortly.

Regards.

Philip W. Sutton Director The Trustee Corporation Limited
philip.sutton@squiresanders.com

T +44 (0)121 222 3541 M +44 (0)7740 924795 F +44 (0)870 460 2883

Email received 19 Feb 2013

Dear Mr Nichols

I confirm that the rebalance quote was received yesterday afternoon. We are working through this and are hopeful that matters will be concluded shortly.

Regards.

Philip W. Sutton Partner
philip.sutton@squiresanders.com

T +44 (0)121 222 3541 M +44 (0)7740 924795 F +44 (0)870 460 2883 Mobex 253541

Squire Sanders (UK) LLP Rutland House 148 Edmund Street Birmingham B3 2JR England
www.squiresanders.com

Named Pensions Law Firm 2012 in the Pension Investment Provider Awards, Financial Times Group

Named Global Pensions Law Firm of the Year 2011 by Global Pensions Magazine  

Response from Trustee Corporation 11th Feb 2013

Via email.

Henry,

Thanks for your email. Aegon confirmed mid-January that the buy-out was still scheduled for mid-February and that everything was going to plan. We have no reason to believe that the position has changed. We have contacted Aegon to confirm this.

I will be in touch as soon as I hear back from Aegon.

Kind regards,

Kate

Kate-Emma Leavesley
For and on behalf of the Trustee Corporation Limited
kate.leavesley@squiresanders.com T +44 121 222 3366
O +44 121 222 3000
F +44 121 222 3001
M +44 7545 110801
M Mobex 25 3366 Trustee Corporation Limited
Rutland House
148 Edmund Street
Birmingham
B3 2JR
England
www.squiresanders.com

Fast approaching

Email to The Trustee Corporation Sun 10th Feb 2013.

Dear Kate,

As the 15th Feb is fast approaching I want to ensure the pencil has been “inked-in” and everything is going as previously planned and advised?

I trust this is the case, as I do remember requesting that the members be kept advised one way or the other.

A timely response will be appreciated and expected.

Regards

Richard (Henry) Nichols