December 2021 UPDATE

S&N Pension Plancumulative loss of value against RPI inflation of a pre 1997 pension (See below)

2021 AGM

Dear SNPG members

Given the continuing challenges of COVID and the reluctance still of many to meet up with others in confined

spaces we have decided again not to hold an AGM this year. We intend to circulate a note summarising the main

issues of interest which have arisen this year, as we did last year, and hope to have this on the website before the year end.

We hope you will not be too disappointed with this decision and that by this time next year things will be sufficiently back to normal to hold the 2022 AGM as usual.

Kind regards

SNPG Chair

Communication with Heineken UK Pensions team.

We have been asked to pass on a message to ask that if anyone needs to write to the Heineken UK Pensions team or Heineken UK management that they do so by email if possible. If they do send a letter by post could they please include an email address for return correspondence. At the moment the preferred means of communication is by email rather than post due to staff working from home and paper handling being a problem.

The Email Address is:       snpensions@capita.co.uk

Given the continuing challenges of COVID and the reluctance still of many to meet up with others in confinedspaces we have decided again not to hold an AGM this year. We intend to circulate a note summarising the mainissues of interest which have arisen this year, as we did last year, and hope to have this on the website before the year end.Kind regardsSNPG Chair

S & N Pensions Group-AGM 2018

S & N Pensions Group-AGM 2018

The AGM of the S&N Pensions Group will take place at 10.30am on Friday 14th December 2018. 

PLEASE NOTE THE NEW LOCATION WHICH IS

The Kyloe private dining room

The Rutland Hotel,  

1-3 Rutland Street, Edinburgh, EH1 2AE

(entrance is on Rutland Street at the back of the Rutland Hotel, downstairs)

We look forward to seeing as many of you as possible at the meeting.

Heineken Discretionary Increase 2016

The latest release of data by the Office of National Statistics showed RPI inflation of 1.9% in the year to July 2016. We are coming up to the time of year when Heineken will make a decision on discretionary increases for pre 1997 S&N pensions. We have written to David Forde, managing director of Heineken UK, emphasising the importance of protecting pre 1997 pensioners against current inflation and our hope that Heineken will make good the historic loss of value resulting from Heineken not following S&N’s historic practice of protecting all pensioners against the effects of inflation (up to 5%) as they said they would do at the time of the takeover.

In past years we would have encouraged as many people as possible to write to Mr Forde in similar terms. However we believe that this year it would be worth not doing so and seeing whether an increase at least in line with inflation is given. If it is not given we would consider how best to respond next year.

British Steel Pension Scheme

The following submission was made by the SNPG  because, while none of the proposed changes would impact on the S&N Pension Plan, the Working Party is of the view that the consultation has been rushed and that any changes to pension legislation should be more carefully set out and more fully consulted upon.

The Government is minded to change pension legislation to help Tata Steel.

 A copy of the consulation paper can be found in the resources section, along with a copy of the SNPG response.

2015 AGM Details here

The 2015 AGM will be held on Friday 18th December at 10:30 am in

The French Institute, 13 Randolph Crescent, Edinburgh, EH3 7TT

The AGM Agenda is available on the RESOURCES page of this website