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