Buy-in announcement

The Trustee wrote to all members on 6 April 2021, to confirm that it has entered into an insurance contract with Rothesay to cover all uninsured members’ future benefit payments (in what is known as a ‘buy-in’ policy). This new agreement does not change the terms of our earlier buy-in policy with Just, and the members who are covered by the Just policy were written to separately. All our members continue to receive benefits directly from the Scheme and should continue to contact the Trustee or Willis Towers Watson with any Scheme-related queries.