As a Trustee Board we’ve continued to operate effectively, using virtual meetings and other digital means to communicate with each other. This has proved to be so successful that I’m in no doubt that video calls will play a prominent part in how the Trustee Board meet going forward.
Whilst I’m talking about the Trustee Board, I’d like to share some news about the Trustee Directors themselves. Firstly, we undertook a Member Nominated Director (MND) selection process this year. This involved the Pensioner members of the DB Section as the term of office for John Paino, our Pensioner MND, was due to end in July 2021. I can confirm John was selected to serve a further four-year term. We’ll be holding a further MND selection process in early 2022 as Stephen Cunningham’s term of office is due to end. This time the process will involve the Active members of both the DB and DC Sections. Gillian Starkie, one of our Company Appointed Trustee Directors, resigned from the Trustee Board earlier this year. The Company has subsequently appointed Darren Tish who joined the Trustee Board on 25 November.
I’d like to thank all the Trustee Directors, including Gillian, for the time and effort they put into managing our Scheme. I’d also like to thank the Pensions Team, our Scheme advisers and our Administrators for their continued hard work and support.
I hope you find this year’s edition of ‘Pension Overview’ useful and informative. I’d encourage you to also take a look at our website, and most importantly ensure you’ve registered to access your Personal Account online. You can find more details on how to register by clicking here.
Keith Bedell-Pearce
Chairman of the Trustee of the Prudential Staff Pension Scheme