We just put a note in our next bulletin - the wording as to what and when to communicate is quite vague and the lawyers were happy. Obviously, we spoke to the candidates directly which is the same as for any job interview.
We inform our pensioners via our regular newsletter. Active members are informed via an internal communication. Deferred members are informed via our annual report.
We will be putting an article on the pension scheme website and telling scheme members that it is there.
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Never heard of them. I would suggest caution.
I would suggest ringing them. I would also suggest caution especially if the contact was unsolicited.
We use Citibank and pass on the cost to the pensioner.
We also use Citibank and pass the cost on to the pensioner.
Our overseas pensioners have the bank charge deducted from their pension. However, the can opt to have quarterly payments if they wish to reduce the charges from 12 per year to 4.
We reimburse from the Pension Scheme itself.
From the Scheme.
If trustee employed, company pays. If not the trustee pays.
Presently the Scheme which was also the case for my previous schemes.
Sponsor pays if the MNT is its employee, Scheme pays if the MNT isn't (e.g. a scheme pensioner).
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