The Scheme's finances
Summary of the Scheme’s Annual Report & Financial Statements
Each year the Trustee produces the Scheme’s Annual Report & Financial Statements for the Scheme. This covers both the Scheme as a whole, and includes the financial highlights for both the DB and DC Sections separately.
Below, you can see a summary of the financial highlights and membership for the 12 months to 5 April 2018 for the Scheme, as well as both the DB & DC Sections separately. You can view the full Report & Financial Statements in the ‘Documents’ section of the Scheme’s website.
Net assets at 6 April 2017
Income (including Company and additional member contributions, transfer-ins and other income including insurance policy income)
Benefits and payments payable (including pensions, related benefits and administration expenses)
Net return on investments
Net assets at 5 April 2018
Figures in brackets are negative.
The total membership of the Scheme at 5 April 2018 was 42,608 of which 34,714 are members of the DB Section:
DB Section Pensioners and beneficiaries
DB Section Deferred members
DC Section Active members
DC Section Deferred members
DB Section Active members