The Trustees are very closely monitoring the situation in Ukraine. We have established that the Scheme’s direct exposure to Russia and Ukraine is extremely low.
You will recall that in June 2021, we wrote to advise that our Scheme Funder, Construction First Ltd, had been acquired by Cushon. Today, we would like to update you on another exciting milestone for Cushon. Cushon has acquired Creative, the manager of Creative Pension Trust, subject to FCA approval.
The company which administers Workers Pension Trust has changed its name from Construction First Limited to Cushon MT NI Limited. The good news is that you do not need to take any action to continue receiving the benefits of Direct Debit.
Please note that during 27th January 2022 and 21st February 2022 some of our services will not be available.