News

Information regarding the 2023 Pension Increase

The annual Summary Funding Statement is now available to view online. This annual statement provides a summary of the Scheme's financial position.

During the Spring Budget announcement last week, the Government announced a number of changes to pension taxation which are explained further in this news article.

As reported in the press this week, there have been significant movements in the stock market in reaction to the UK Government's tax cutting plans. Here we explain what has happened, and how this may impact your pension.

Back in April 2020,  as the Coronavirus Pandemic was taking hold, we provided an update on the affect that significant movements in the stock market might have on your pension. Here we provide a further update two years on.

Information regarding the 2022/23 Pension Increase

Back in April 2020 as the Coronavirus Pandemic was taking hold, we provided an update on the impact that significant movements in the stock market might have on your pension. Here we provide a further update a year on.

The annual Summary Funding Statement is now available to view online. This annual statement provides a summary of the Scheme's financial position.

As of 8th December 2021, the ABF Pension Scheme have been operating their London office with a reduced team working in the office in line with the current Government guidelines for the Coronavirus pandemic.

Information regarding the 2021/22 Pension Increase

The annual Summary Funding Statement is now available to view online. This annual statement provides a summary of the Scheme's financial position.

We are pleased to confirm that the newly upgraded DC Member secure login area is now available.

Following the Government advice issued on 5th January 2021, the administrators of the ABF Pension Scheme have closed their London office and all staff are currently working remotely.

The Scheme’s Trustee Board should have three Trustees who are nominated by the membership, known as Member Nominated Trustees (MNTs).

The ABF Pension Scheme has now re-opened their London office with a reduced team working in the office to comply with the current Government guidelines for social distancing, with the rest of the team working remotely.

As has been widely reported in the press recently, there have been significant movements in the stock market over the past couple of weeks as a result of the global Coronavirus outbreak.