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Update from the Trustee about the conflict in Ukraine

Posted on: 30/03/2022

As the conflict in Ukraine continues to unfold, we want to reassure you that the Trustee is closely monitoring the situation and any potential impacts on the Fund. The Fund’s direct exposure is very limited and the Chief Investment Officer’s team is working closely with the Trustee’s advisors and investment managers to monitor the Fund’s operations and investments, reporting regularly to the Trustee Committees.

If you’re currently receiving or about to draw benefits from the Fund, there are robust measures in place to ensure you’ll receive your benefits and pension payments.

In this heightened time of uncertainty, there’s the potential risk of increased pension and financial scam activity. You can find out more about how to spot a scam and who to contact if you suspect you’ve been approached about a scam here.

We continue to keep a close eye on developments and if the situation changes we’ll issue further updates.