News

Issue 6 of the Coats UK Pension Scheme newsletter – The Link – is now available. In this issue: Scheme Report and Accounts, Pensioner Paydates, Pensions in the News, and much more. An Annual Funding Statement, showing the funding position of the Scheme as at 31 March 2023, is also available.

You can view these documents online in the members-only section of this website (you will need the secure area password): click here.

The link to the Annual Funding Statement is in the Factsheets area of this section.

As part of the annual Coats UK Pension Scheme Report and Accounts, the Trustee produces a statement for members about the governance in place for members with money purchase benefits (such as Additional Voluntary Contributions).

We are pleased to confirm that this statement for the year ended 31 March 2023 is now available to view here.

We are pleased to advise that the Trustee’s Statement of Investment Principles has been updated.

You can view this document by clicking here.

If you’re clicking from the homepage, please click on “continue reading”, and then click on the blue link shown above .

Under the regulatory requirements now in force, the Trustee is required to produce an annual Implementation Statement, setting out how the policies described in the Scheme’s Statement of Investment Principles (“the SIP”) have been followed.

We are pleased to confirm that this statement, covering the period 1st April 2022 to 31st March 2023, is now available to view here.

P60s for the year ended 5 April 2023 have been issued to members in receipt of a pension. Any queries regarding tax (such as your tax code or the tax deducted from your pension) should be directed to HM Revenue and Customs Tax Office; they can be contacted on: 0300 200 3300. Please quote your National Insurance number.