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
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
philip.sutton@squiresanders.com
T +44
(0)121 222 3541
M +44
(0)7740 924795
F +44
(0)870 460 2883
