Pensions Line Special - Employers' Annual Meeting

Pensions Line header

       October 2016


Employers' Annual Meeting

This year’s annual employers' meeting has been delayed until late January when we hope to know the result of the Exit Payments consultation and the subsequent necessary change in scheme regulations. Because the funds' employers are based across both Devon and Somerset, we are proposing to hold three meetings across the counties - one each in Exeter, Bideford and Yeovil.

The proposed locations are:

Exeter Racecourse, Kennford EX6 7XS

Caddsdown Business Support Centre, Bideford  EX39 3BE

Buckler’s Mead Academy, Yeovil   BA21 4NH

So that we can get an idea of which locations suit more employers, please vote via this link.

Submitting CARE pay

We have put some brief notes together to offer guidance on completing the annual CARE return, which can be found here.

Change of Bank for Somerset county AVC scheme

Equitable Life are changing their bank to Barclays later this month. If you pay pension contributions to Equitable Life either online, through telephone banking, faster payments or BACS Direct Credit methods, you will need to update any bank details you hold for them before 31st October 2016. The new details are:

Payee               :      Equitable Life Assurance Society
Banker              :      Barclays
Sort Code          :      20-03-62
Account Number:      20490148

When you make payments, please make sure that you state your scheme number of E0086 as the payment reference. Payments made to HSBC on or after 31st October will be rejected. If you have any questions, please contact Equitable Life on 0330 159 1531.


Employer Liaison Team


Quick Links

New Academy Guidance

IDRP Guidance

New Employer Guidance

LGPS regulations and guidance


Back copies

Employee estimates changes

If an employee contacts us for an estimate more than 12 months away from their normal retirement age, we are now asking them to  refer to their Annual Benefit Statement or sign up to Member Self Service where they can do a voluntary retirement projection themselves. This falls in line with disclosure regulations which state that we only need to provide one estimate per year and the members' Annual Benefit Statement is classed as that one.