Strathclyde Pension invests further capital in PfP's affordable housing At Strathclyde it is closed to new members. PDF Strathclyde Pension Fund - Audit Scotland 23808 0 obj <> endobj x]]]Wu6}A**OU%xkZ/4rv L$3#d&%T*QhUH"JPZ&$g[[ku=3? Annual Pension Increase 2022 | SPPA Strathclyde Pension Fund Voting Activity Q1 2022 Fund Manager Company Name ISIN Holding Meeting Date Meeting Type# Items Vote Instruction STRATHCLYDE PENSION FUND SPF VERITAS AENA SME SA ES0105046009 168761 31-Mar-2022 Ordinary General Meeting 13 F SPF LAZARD INTUIT INC. US4612021034 22097 20-Jan-2022 Annual General Meeting 1A. This needs to be confirmed in the Pensions Increase (Review) Order and Public Service Pensions Revaluation Order which will be made in parliament early in 2023. Revision. PDF Strathclyde Pension Fund Voting Activity Q3 2022 at Strathclyde Pension Fund Office, PO Box 27001, Glasgow G2 9EW, Frequently asked questions that can be filtered to suit you, Provides topic based information written in QA format, Acronyms are listed under A in the A to Z. Its investment objective is to increase net asset value per share . State pension rise April 2022: Here's how much you'll receive Watch a short video on pension tax, and find further links to what options might be available to help you manage. Will I still get my pension paid on time? endobj Latest updates: Pensions Administration Strategy (PAS) 1st March 2023 Latest updates: Pension Increase/CARE Revaluation (20th February 2023) 1 2 3 4 5 Next COVID19 Brief Guide to LGPS SPFOnline APC calculator Extra Pension Lost Pension Prudential AVCs Contribution calculator Rule of 85 checker Guide to the LGPS FAQs Jargon Buster <> Public Agenda (1.5MB) Public Minutes (0.05MB) Agenda. The EG Interview: PfP's Catherine Webster on being 'unashamedly capitalist' | EG News LGPS pensions did not go down from April 2016 despite the UK being in deflation. T`$#12G^x9V0=sSS Phone Number 0345 890 8999. How do annual allowance (AA) and lifetime allowance (LTA) work? Your benefits for membership after 31 March 2015 have a normal pension age of your State Pension age. It will support promising SMEs across Scotland with . 7{( Strathclyde Pension Fund Office, PO Box 27001, Glasgow G2 9EW. at Strathclyde Pension Fund Office, PO Box 27001, Glasgow G2 9EW, Frequently asked questions that can be filtered to suit you, Provides topic based information written in QA format, Acronyms are listed under A in the A to Z. UK Government today confirmed that the full 10.1% increase (from last September's CPI) will apply to pensions in payment and Career Average Revalued Earnings (CARE) pension revaluation. % 'Success story' of Scottish pensions doesn't need overhaul: Strathclyde Even deep into 2022, long past the point where she was thoroughly discredited, the usual suspects in the media continued to promote her conspiracy theory. View Case; STRATHCLYDE PENSION FUND, Individually and on Behalf of All Others Similarly Situated, Plaintiffs, v. . <> <> Strathclyde Pension Fund Office, PO Box 27001, Glasgow G2 9EW, Pensions Administration Strategy (PAS) 1st March 2023, Pension Increase/CARE Revaluation (20th February 2023), Freedom and Choice Q & A for LGPS members. Congratulations to the others that di:MRMPbAQJOr9F?!wO$aH*!ZZ1I 06q?8u n"!V.DkL.E6/=';@ Q\aToprp&i\+fdx'N7RO0ih1+l Z ) "UbGq_SpV,ch _9.R%?bc| @[P.@L`D39i+zA&*OfKBC'ye7o!9A8Ti@ PDF Strathclyde Pension Fund Voting Activity Q2 2022 - Northern Trust The previous six pension increaseswere: Apr-15 1.2%;Apr-14 2.7%; Apr-13 2.2%; Apr-125.2%; Apr-11 3.1%; and Apr-10 0%. _76G]ue=Z-(R,@o-XM\YJ7K4Ki?_? %PDF-1.7 The University also participates in the Scottish Teachers Superannuation Scheme (STSS). stream We have been working with our advisers to try to make an early assessment of the likely impacts on the Fund. <> The Fund, which closed at over 60 million, has been launched with support from British Business Investments and Strathclyde Pension Fund. 1 0 obj How do I inform Strathclyde Pension Fund. There was no increase to pensions in April 2016, as the Consumer Prices Index for the 12 months toSeptember 2015fell by 0.1%. The value of your benefits Contacting us Getting further help and advice Reduced pay or unpaid leave Furlough and how it affects your pension The Moby on Sunday - 11 12 2022 : r/badunitedkingdom - Reddit SGr@)DkPv=1^NS4&ZT9sa#k ]X/{ee9u7YQ6$F] c*aD7IF_3X l5 QPRCx[S#w(PttCNE ]JN1, qk]]^?G9:cl.V&UAu5mi"u5:="_wV8"m=4}7z8o2 |> j9]Q&C)s(O43I:{p@N9U0R[ClVyMjoa\V:M ' $]_jZmuc@ If you decide to opt out of the pension scheme you may be automatically re-entered under the automatic enrolment regulations. Get the full list, Morningstar Institutional Equity Research, Vice Convener of the Pension Fund Committee. The decision was enabled after The Social Security. Strathclyde Pension Fund Voting Activity Q3 2022 Strathclyde Pension Fund Voting Activity Q3 2022 Fund Manager Company Name ISIN Holding Meeting Date Meeting Type # Items Vote Instruction SPF OLDFIELD BT GROUP PLC GB0030913577 14269589 14-Jul-2022 Annual General Meeting 1 F SPF OLDFIELD BT GROUP PLC GB0030913577 14269589 14-Jul-2022 :=Fl &6 QCJn4X(!/yx(v245k@"0\w&}2;4=z 3 0 obj 'X=/~5t~8?S:j,_kKZ)k|- ?&S` Guides and sample documents - scotlgpsregs.org What if my employer retires me on Redundancy or Efficiency grounds? From state pension age (You can check your SPA here) you canretire and receive your benefitswith no reductions. Strathclyde Pension Fund Voting Activity Q2 2022 Fund Manager Company Name ISIN Holding Meeting Date Meeting Type # Items Vote Instruction STRATHCLYDE PENSION FUND SPF OLDFIELD SS&C TECHNOLOGIES HOLDINGS, INC.US78467J1007 472200 11-May-2022 Annual General Meeting 1. 1 0 obj National Equity Fund (NEF) Announces $2.1 Billion in Affordable Housing Investments for 2022, nearly matching record performance in 2021 NEF provided near-record levels of financing to support. Real estate fund manager PfP Capital said the additional capital from the UK local government pension scheme will help to the Mid-Market Rent (MMR) fund deliver the next . Scotland's largest council pension fund backs climate change move Aberdeen AM to acquire US hedge fund business - LAPF Investments State Pension and benefit rates for 2022 to 2023 confirmed ,\Fsiba{Y";?y2~4_-g,,0n3Jh tl}cHf z^bKbuL\o}hWm%'C10K+USI K> :e!\ty z1D x_aXC]'_|'N9qO[@>>(sG#!SI,_]3|s`HaNu [AM]&$t TM(K,\;vd(D}aGLc7Ch-3MbQ9mxEQo[Xs*jmn3~ LGPS pensions did not go down from April 2016 despite the fall in CPI. %PDF-1.5 billion at 31 March 2021, an increase of 5.413 billion from the prior year. { 4 J86~Y0 NeR\%(P2@IQQQ!->H&s0Y1J How do I inform Strathclyde Pension Fund Where can I find my Active 2022 Pension Update? All rights reserved. at Strathclyde Pension Fund Office, PO Box 27001, Glasgow G2 9EW, Frequently asked questions that can be filtered to suit you, Provides topic based information written in QA format, Acronyms are listed under A in the A to Z. SPFO - Pensions increase USS Information - University of Strathclyde But preliminary figures for the first 10 months of the 2021 fiscal . Glasgow City, Scotland, United Kingdom Director Horizon Investment Advisory Limited Jan 2018 - Present 5 years 5 months. 3.1% The pension increase for 2022 will be 3.1% (based on September's inflation figure). Strathclyde Pension Fund Office, PO Box 27001, Glasgow G2 9EW, Pensions Administration Strategy (PAS) 1st March 2023, Pension Increase/CARE Revaluation (20th February 2023). Retired public sector workers to get 2,000 pension boost as inflation surges Incomes of former civil servants to rise 10pc as ministers call for working people to accept real-terms pay cut. Alistair Sutherland - Member of Investment Advisory Panel - Strathclyde How does this affect my deferred pension? 5 0 obj Arden manages hedge fund portfolios using proprietary manager selection and portfolio construction processes. stream We're so pleased to announce that we have made the shortlist in the Pensions for Purpose Place Based Impact Investing Award. This increase is in line with the rise in the Consumer Price Index (CPI) for the period between September 2020 and September 2021. Mark Vickery's Post - LinkedIn The increase to your pension will be 10.1%, which will be applied to your pension from 10 April 2023 Read More Our 2023 Charity Partner 17/01/23 We are proud that our colleagues have chosen to support Children's Hospices Across Scotland (CHAS) as our charity partner for 2023. Can I have my pension paid into my overseas bank account? The University and College Union (UCU), a trade union representing 110,000 staff at UK universities, ran a major series of connected strikes in 2018-23. The pension increase for 2017 was 1%. LGPS - Strathclyde Pension Fund: Russia/Ukraine publishes on its website: The Russian invasion of Ukraine is clearly a humanitarian tragedy. A spokesman for Strathclyde Pension Fund said: "Families not disclosing. What if I should die while still in employment? Queries regarding the statementshould be addressed to Strathclyde spfo@glasgow.gov.uk or call 0845 213 0202. Strathclyde Pension Fund pays 300,000 to 'deceased pensioner' Millions of pensioners will see an inflation-linked increase to state pension payments next year. Development partner announced for Central Winchester Regeneration ;nL=go}rJJHT Read More McCloud/Sargeant and the 2015 Remedy pension calculators 14 March 2022: Aggregation: Technical guide: Pension Funds: Current: Version 2.0 [clean] [PDF] 19 January 2016: Aggregation: Leaflets for re-joiners: Pension Funds: Current: . Reforms offering greater flexibility, 'Freedom and Choice', in the way that individuals aged 55 and over can access their defined contribution (DC) pensions became effective on 6 April 2015. Strathclyde approves 50m commitment | Private Equity International Autumn Budget 2021: state pension to rise by 3.1% - Which? Committee Information - Meetings - Glasgow UbX5dUEQ( OCUEu1;Rgr jf5!xa g JO}P# 0p~ gRY&j7`Q"/5ACDIzC( Retired public sector workers to get 2,000 pension boost as inflation Strathclyde Pension Fund has invested a further 20m (22.7m) into an affordable housing investment fund set up by the Scottish government and PfP Capital. . Mark Vickery's Post - LinkedIn STRATHCLYDE PENSION FUND | No. 4:18-cv-793-DPM | 20220725g88| Leagle.com Scottish Public Pensions Agency home page | SPPA Is Strathclyde pension Fund a defined benefit scheme? We will be applying this to all SPF pension accounts from April. The amount by which LGPS benefits are increased annually each April is based on inflation during the 12 months to September. The increase is based on the September to September adjustment to the Consumer Prices Index (CPI). Your May payment will reflect the increase in full. endobj at Strathclyde Pension Fund Office, PO Box 27001, Glasgow G2 9EW, Frequently asked questions that can be filtered to suit you, Provides topic based information written in QA format, Acronyms are listed under A in the A to Z. UK CPI for the year to 30th September 2022 was today confirmed as +10.1%. The overall return on investments for the year was +25.1% which was ahead Can I convert my lump sum to annual pension? 23843 0 obj <>stream 1(|R$ %PDF-1.7 DeGNy:C|g_ $%Wc[w~Q d~5]U O) :^J\\ Click on a meeting date to view to view the published Agenda and Committee Documents for this meeting. 2019/20 -7.5% 2022/23 -7.1% 2020/21 -7.5% 2023/24 -7.1% Secondary Rate () Last Valuation This Valuation 31 March 2017 31 March 2020 . 6N ! <> endobj at Strathclyde Pension Fund Office, PO Box 27001, Glasgow G2 9EW, Frequently asked questions that can be filtered to suit you, Provides topic based information written in QA format, Acronyms are listed under A in the A to Z. MARSHALL, JR., District Judge. <>/Metadata 1295 0 R/ViewerPreferences 1296 0 R>> - 03 March 2022. Public Sector pensions are set to increase by 3.1% from 11 April 2022. Sberbank, a bank with which around half of the Russian population has an account, is owned by the Kremlin through a "National Wealth Fund". ;?x'/=}ueQ%] i4K; >^?' $BKJ{~xbH1CYwcJv1=:_^+yV x[*RMIQ9z}O;pLy80df]0\b(=K"h6,|RO~_~RyBfiI&kW=, \Bk.{ swA Strathclyde Pension Fund Office, PO Box 27001, Glasgow G2 9EW, Pensions Administration Strategy (PAS) 1st March 2023, Pension Increase/CARE Revaluation (20th February 2023). You can check The Rule of 85. be6"Vo~7x5PAG#dzy3~Z}I%[=~C&KoG.f|WQz endobj This is a profile preview from the PitchBook Platform. Strathclyde Pension Fund May 2022 - Present 1 year 1 month. PDF Strathclyde Pension Fund Voting Activity Q4 2022 NORTHERN TRUST GLOBAL FUNDS PL IE00BJSPML40: 1431682: 28-Oct-2022 Annual General Meeting: 1 F: SPFO - Increases to your pension 9|:>UN)0y{Q:_i(pSg5ht'0AC2h0PXPr,4KAp'"shx7%sO0%W6 Ex Active pension accounts, deferred pensions and pensions in payment are adjusted each April in line with the cost of living. However, the 21.5bn (24.1bn) Strathclyde Pension Fund said in a draft response to the consultation that the more extreme proposals were not necessary as there was "no evidence to suggest that the current model is fundamentally flawed". F If you are interested in flexibleretirement, you will need to obtain your employer's permission. SPFO - Inflation Increase (19th October 2022) LGPS Information | University of Strathclyde What happens if I have to retire early due to Ill Health? Strathclyde Pension Fund told to drop 'inappropriate' investment in endobj sn7R1M.0D]3GNC]g PJ-,?C )n;1?.k_q|`h`t|ghY!bfWs[Rv+7x{)mg4WTV53Zdq @&wP!Q{H'@v%qgoL*3& It+GJgtk1q;N1H!2?w<4|G0B#5_l1D?p]EUh+~vbUrW1DGOe9DD}9Uq?7}?~3pa|60p>Swu*Qrbj,xbVj}9>g TOgg}oo7UM7Ph{xkr}Y MqDv&@A~sN}FWTf`F#c'y h-#|"-Y]}F;- D?Lk`HZ5 CP/qYY[}lEDxHHQq%LcNmv C=B&=!$.Lk+VnI ZL6|+lkF@t&. Your April 2017 payment will only reflect about 2/3 of the increase, as it takes effect from Monday 10 April 2017, not from 1 April 2017. SPFO - Strathclyde Pension Fund Office SPFO - Annual Report 2022 (21 June 2022) / Annual Report and Financial I have moved house. 2018-2023 UK higher education strikes - Wikipedia Institution: Strathclyde Pension Fund Headquarters: Glasgow, United Kingdom AUM: 23.08bn Bitesize: 10-50m Strathclyde Pension Fund has awarded private corporate debt mandates to three fund managers following an RFP issued in late 2019.. Alcentra, Barings and Partners Group have proved successful following a final tender, with the managers being awarded a 1.25, 1.25 percent and 1.0 percent . ORDER. stream I am medically unfit to work. PitchBooks data visualizations help you see a limited partners commitmentsshowing a breakdown of activity by fund type and region, complete with performance metrics. February 14, 2022. I have other periods of membership with SPF? Strathclyde Pension Fund Office, PO Box 27001, Glasgow G2 9EW, Pensions Administration Strategy (PAS) 1st March 2023, Pension Increase/CARE Revaluation (20th February 2023), SPF Committee Meeting (7th September 2022), SPF Committee Meeting (23rd November 2022). Pensions | University of Dundee SPFO - Pension Increase/CARE Revaluation (20th February 2023) Win whats next. Can I transfer my deferred benefits to another pension scheme? This tracks your activity using third party cookies. Answers To Your Pension Questions - University of Strathclyde LGPS is available to staff in Grades 1 to 5 who commenced employment with the University prior to 1 April 2003, or from 1 January 2017 onwards. The Universities Superannuation Scheme (USS) is the main national pension scheme in the Higher Education Sector. Is a lump sum paid on death of a pensioner? Strathclyde Pension Fund Voting Activity Q4 2022 Fund Manager Company Name ISIN Holding Meeting Date Meeting Type # Items Vote Instruction SPF OLDFIELD. The increase is payable once you are 55 or if you retired on ill health. Established in 1975, SPFO is a pool into which employees' and employers' contributions and investment income are paid and from which pensions and other lump sum benefits are paid out to Local Government Pension Scheme members. If you take your benefits before normal pension age, some or all of your benefits will be reduced. Contact Email spfo@glasgow.gov.uk. How are my retirement benefits calculated? . %%EOF endstream endobj 23809 0 obj <. PitchBook provides insight into a limited partners preferred investments, including actual and target allocations by strategy, secondary market preferences and interest in first-time funds. This means active pension accounts, deferred . June 27, 2022. Strathclyde Pension Fund is one of the 2 biggest LGPS funds, one of the top 20 UK pension funds and one of the top 50 European pension funds. What is the increase for Strathclyde pension for 2022? dR'hNrt+J3)c)0`riIjS-T> _Ql '55m#C,Y]D@:0N]_jYHH[RCDCIrs-I W%V^oleiv&8V!-5u"S2ypk `I2% 7.&W4 C*R.~>r@2j1$! xnwhe;rK$!, 4 =Q j=GsiDA),R&]3pB u|f2 IQ&O;[w~qGSre,FA KZd oR=WiD+]xnxK%s{S0J-YFB+YC[3y >ZrccYQ>3okTu[(N 5^}g_qcpC9y\Qf qrq+ =w[@ LQGF6E=-CHFc`qxvXB=! ThisQ and A tells you all about these changes. United Kingdom pension funds will increase . The pension increase for 2019 was 2.4%. Merchant Navy Officers Pension Fund. Youre viewing 5 of 168 commitments. % Prepared for the Strathclyde Pension Fund Committee and the Controller of Audit 24 November 2021 Strathclyde Pension Fund . Are my Additional voluntary contributions (AVCs) shown on my statement? endobj Can I receive my benefits? If you meet the Rule of 85 and are over 60 when you retire, reductions will not apply to benefits that have Rule of 85 protection. Many happy returns for NJ pension fund | NJ Spotlight News It is available to certain staff that were located at Jordanhill College. We expect that this will be the basis for April 2023's pension increase of pensions in payment, and revaluation of all career average benefits for active and deferred members. xKO0 3v$HHeiCMK%H (iW-V`5$xfe As the Local Government Pension Scheme (LGPS) is a public sector defined benefit (DB) scheme, 'Freedom and Choice' does not apply to it. This was from a total value of 27.907bn. Strathclyde awards mandates to three debt fund managers I want to take my deferred benefits. As illustrated below, Strathclyde Pension Fund has made five commitments to private equity funds with a 2019 or 2020 vintage year, which combined constitute 125 million. The Local Government Pension Scheme (LGPS) is administered by Strathclyde Pension Fund and is one of the largest local authority pension funds in the UK. |:/]C!G.EW\!2NPJ2rF( ! Strathclyde Pension Fund Office, PO Box 27001, Glasgow G2 9EW, Pension Increase/CARE Revaluation (20th February 2023), Pensions Administration Strategy (PAS) 1st March 2023. endobj Highlights upon the report include: +7.7%investment return for the year +2.0 billion investment gain for the year; 28.4 millionverschluss value for at 31 clandestinity March 2022 +9.8% p.a. to carry out an actuarial valuation of the Strathclyde Pension Fund ("the Fund") as at 31 March 2020 as required under Regulation 60 of the Local Government Pension Scheme (Scotland) Regulations 2018 ("the 4 0 obj The Strathclyde Pension Fund is one of the 20 largest UK funds and one of the top 50 European pension funds. 6 0 obj This is the meeting schedule for Strathclyde Pension Fund Committee for the year 2022. STRATHCLYDE PENSION FUND | No. 4:18-cv-793-DPM. - Leagle What if I should die before receiving my deferred benefits? 1 0 obj Established in 1975, SPFO is a pool into which employees' and employers' contributions and investment income are paid and from which pensions and other lump sum benefits are paid out to Local Government Pension Scheme members.