Rbs pension fund annual report 2015 pdf

United nations joint staff pension fund annual report. Report of the county treasurer 201516 was a difficult year for investment markets. During 2015 the fund changed its yearend date to 31 december from 31 march. Read the stories that shaped our year, including news from our clients, employees, communities and shareholders, and how our purpose drives us forward. Formally approved the 20142015 pension fund annual report and accounts.

I work at the bank and am building up benefits in the fund. Report and accounts 2017 chairmans statement 4 chairmans statement introduction on behalf of the trustee of the bt pension scheme the scheme i am pleased to present the report and accounts of the scheme for the year ended 30 june 2017. Along with all the other lgps funds, the devon fund was required to put in place a pension board by 1 april 2015. At our meeting on october, 2015, the key issues included the critical developments in russia. Reviewed the governments consultation paper on lgps pooling and approved staffordshire pension funds formation of an asset pool alongside other lgps colleagues. Rbs annual report 2015 the online reports database. As at the end of march 2016 the city of london pension fund had. Trustees report this report for the year ended 31 march 2018 is presented in compliance with the occupational and personal pension schemes disclosure of information regulations 20. The pension fund membership increased during the financial year by 345 to 6,567. A pension and other employee benefit trust fund of the state of michigan.

Uk financial investments limited ukfi annual report and. I am pleased to report that the value of the net assets. To limit pension risk, defined benefit pension schemes have been closed to new members since 2006 and terms for existing members have been altered in recent years. The deficit in rbs group pension schemes as determined by the. Annual report and accounts 201516 city of glasgow college. The report provides further information on these issues and on the activities and management of the fund during the year. The annual report and accounts have been summarised here to provide you with an overview of the schemes financial transactions, but a copy of the full report is available from pension services, on request. Rbs pension trustee limited officers free information from. The pension fund panel the pension fund panel the panel is responsible for overseeing the management of the royal borough of kingston upon thames pension fund, including investments, actuarial work, administration and fund governance. Mission the mission of the opfa is to resolve complaints in terms of the act. Hertfordshire pension fund annual report and statement of accounts annual report and statement of accounts 201819 annual report and statement of accounts 201718 annual report and statement of accounts 201617 annual report and statement of accounts 201516 annual report and statement of accounts 201415. The deficit in rbs group pension schemes as determined by the most recent.

The scheme is a pension scheme for employees, former employees, and their dependants, of bt and. Ing nonfinancial data reporting protocol 2015 summary pdf 0,6 mb ing group gri g4 table 2015 xls 0,1 mb ing bank appendices additional pillar. The royal bank of scotland plc results for the year ended. Annual retirement benefits sector performance report, 2016. However, the challenges of running a pension fund in the current environment continue and are driven by 3 main factors. The rbs group pension fund 07 your pension team the trustee board is responsible for operating the fund in line with its formal rules and pensions law. The royal bank of scotland group pension fund report for. Box 30171 lansing, mi 489097671 517 3225103 800 3815111. Opening asset value at 1 january 2015 210,878,544 money into the scheme. Annual report and accounts 1 page board of directors and secretary 2 strategic report. Barclays investor relations annual reports barclays.

Defined benefit pension fund adjustment 142 320 cash flow hedging reserve 1 3. Annual report and accounts 2017 becoming simple, safe and customer focused rbs. Our purpose is to make a difference by giving people innovative solutions for healthier lives and happier homes. Rbs annual results 2015 the royal bank of scotland group rbs continues to deliver on its plan to build a strong, simple and fair bank for both customers and shareholders. Membership agreed at its berlin annual meeting held on 29 october 2015 on the. Rbs was the first to use junior debtbased instruments for purposes of remu. Rbs reported a loss attributable to ordinary shareholders of. Evidence from executive pensions and deferred compensation 2012 38 the. Pension board annual report 201516 purpose of the report to provide an update on the work undertaken by the local pensions board during 20152016 and to meet the legislative requirement to produce an annual report.

Pension scams help for individuals 2 pension scams. View related materials for our annual meetings by selecting a year from the table below. Significant progress was made towards building a bank that is stronger, simpler and better for both customers and shareholders. However, it is important that we try to improve the quality and suitability of information provided within the report and feedback is welcomed.

An increase in obligations to support pension schemes the value of pension scheme assets may not be adequate to fund pension scheme liabilities. We delivered the upper end of our 2018 net revenue targets and embedded rb 2. This page contains the pension fund report and accounts which are issued annually. The impact of the 2015 uk general election on performance and strategy. They will try to lure you with promises of oneoff investments, pension loans or upfront cash. Pension fund annual report 201516 royal borough of. Fund account for the year ended 31 december 2015 2015 7,708,4 499,5 8,207,269 3,569,332 1,037,030 217,091. Modern slavery act pdf 346kb fx disclosure notice, may 20, 2015 pdf, size 15kb uk money market and global fx code. The city of london pension fund is part of the national local government pension scheme. The deficit in rbs group pension schemes as determined by the most recent triennial valuations has increased, requiring rbs group to increase its current and future cash contributions to the schemes. Pension fund draft annual report and accounts 201516. Pension protection fund annual report and accounts 201516 printready pdf pdf, 26mb, 120 pages this file may not be suitable for users of assistive technology. Annual report and accounts 1 page board of directors and secretary 2 strategic report presentation of information 3 top and emerging risks 4. The pension fund panel the pension fund panel the panel is responsible for overseeing the management of the royal borough of kingston upon thames pension fund, including investments, actuarial work.

Over three years to 31 december 2015 the fund outperformed the strategic benchmark by. Notes to the 2015 parent bank financial statements. The rbs group pension fund 01 funding report as at 31 march 2010 financial health of the fund keeping you in the know. The financial statements have been prepared and audited in accordance with the regulations made under sections 411 and 416 of the pensions act 1995. Welcome to the report and accounts for the bbc pension scheme for the year ended 31 march 2015 i am pleased to report that the value of the schemes assets has risen to an alltime high of. The increase in the value of the pension fund is due to investment gains and an excess of employer and employee contributions over benefits payable.

The latest annual report and accounts are available to print out below. We also have a duty to protect the interests of all our fund members, including our pensioners and those who are no longer employed by rbs, but who still have benefits in the fund our deferred. Administration is carried out by rbs pension services, a unit within hr. Pensions authority of ireland hosted the iops committee meetings in dublin, ireland. The devon pension funds investment return for the year, net of fees, was 0. The deficit in rbs group pension schemes as determined by the most recent triennial valuations. Get access to rbc s annual materials, including our report to shareholders as well as information from our annual meetings. The statement was produced in line with guidance from the cipfa pensions panel and was circulated to all employers on 23 march 2006.

Hertfordshire pension fund annual report and statement of accounts annual report and statement of accounts 201819 annual report and statement of accounts 201718 annual report and statement of accounts 201617 annual report and statement of accounts 2015 16 annual report and statement of accounts 201415. Rbs annual results 2014 highlights rbs reports an attributable loss of. If economic growth stagnates, and interest rates remain low, the value of pension scheme assets may not be adequate to fund pension scheme liabilities. Managing political activities pdf 303kb get acrobat reader to view our files. Year annual report proxy circular annual information form. Results annual report 2016 government pension fund global the return in 2016 was characterised by falling international interest rates in the first half, and strong equity markets in the second half. As at 31 december 2015, the pension fund, which has been closed to new members for more than 10 years, had a deficit of. Rbs pension trustee limited officers free information.

Constitution, representation meetings and attendance. Certificate of entitlement ce pension fund financial statements and audit opinion. We believe passionately in doing things the right way and have a. The rbs group plans to cede control, by the end of 2015 and therefore citizens is. Royal mail statutory pension scheme annual accounts 201516. Rbs annual results 2015 the royal bank of scotland plc results for the year ended 31 december 2015. Moreover, the supervisory board made a recommendation to the annual general meeting regarding the appointment of the auditor for 2015.

Our online interactive annual report is available by clicking on the link to the right. First active pension scheme annual report for the year ended 31 december 2015 pensions authority reference number pb27001 sep. An increase in obligations to support pension schemes. The fund is administered inhouse by the city of london corporation on behalf of the participating employers. I am pleased to introduce the annual report for the financial year 201516. Chairmans report i am pleased to present the annual report for the royal bank of scotland group pension fund the fund for the year ended 31 march 2015. The actuarial deficit in the rbs pension schemes may therefore increase, requiring rbs to increase its current and future cash contributions. Rbs annual report 2015 in the online reports database. Annual report 2 0162017 will be used to set contribution rates with effect from preface the royal borough of kensington and chelsea pension fund is part of the national local government pension scheme lgps, administered by the royal borough of kensington and chelseacouncil the council.

Pension board annual report 2015 16 purpose of the report to provide an update on the work undertaken by the local pensions board during 2015 2016 and to meet the legislative requirement to produce an annual report. Annual report and accounts 1 page board of directors and secretary 2. Ahead of the upcoming uk election in may 2015, there. I hope this report provides useful information about your pension fund. Previous versions are available from the archive tab. Lbbw, mediobanca, nordea, rbi, rbs, seb, standard chartered, svenska handelsbanken, and. Received training on the 2016 triannual valuation for the lgps from the actuary.

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