Coats DC Scheme

A new Scheme for new members

On 30 June 2016, Coats Pension Plan was closed to all future accrual, and all employees can join a defined contribution (DC) scheme, operated on the Company's behalf by Standard Life. The decision to close the Plan was taken following a consultation with employees and brings Coats into line with the vast majority of other private companies. The trend in the UK market is towards DC schemes rather than DB schemes (like the Plan) and they are now most commonly offered to new employees by UK businesses.

Further information

Further information about the DC scheme and salary exchange is available to download here:

Forms

If you want to join the Scheme (and you're not being auto-enrolled), if you're already a member and you want to change the contributions you pay, or if you want to stop paying into the Scheme altogether, please download a form here:

Standard Life Employeezone

Members of the Standard Life DC Scheme can log into the Employeezone portal. You can view your funds, check how they're doing, update your portfolio choices and much more.

Log in here: https://www.standardlife.co.uk/1/site/employeezone/login

Contact details

If you would like more information on the Scheme, you should contact Standard Life using the details below. Standard Life are responsible for the administration of the Scheme, you should contact them if you have any questions about investing or accessing your pension pot. Questions about the information held on the Coats Pensions website (including My Coats Pension) should be directed to the Coats Pensions Office.

For further information or to log in to the DC Scheme, please visit the Standard Life web site.

Standard Life's contact details are available here: http://www.standardlifepensions.com/gfrp/home/contact-us