Uncategorized Archives - Cardiff and Vale Pension Fund

Statement from the Wales Pension Partnership and the LGPS in Wales

Pension admin — Tue, 08 Mar 2022 16:58:13 +0000

We are deeply saddened by the situation in Ukraine and our thoughts are with the Ukrainian people. Our total exposure to Russian Investments is minimal at less than 1%. Even so, in light of the terrible events we have witnessed and the economic sanctions imposed internationally, as a collective we have decided to divest from these holdings as soon as is practically possible. Given the circumstances we do not believe that engagement with these companies presents a viable option. Cllr Clive Lloyd For and behalf of the Wales Pension Partnership and the LGPS in Wales

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Annual Benefit Statement – Notes for Guidance 2021

Pensions team — Mon, 09 Aug 2021 10:07:27 +0000

Please read the Notes for Guidance 2021 to help you understand your Annual Benefit statement

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COVID19 – Pension scams are on the increase

Pensions team — Wed, 09 Dec 2020 13:01:12 +0000

Since COVID19 pension scams are on the increase, where unscrupulous people use the change of processes in many places of work to find a way to access your pension. Please be extra vigilant and make sure you are fully aware of where you are transferring your pension. We have attached some documents to help you. pension-scams-booklet-members 2 Bulletin 198 May 2020

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COVID19 – changes to working patterns

Pensions team — Wed, 09 Dec 2020 12:56:33 +0000

Due to the recent COVID-19 outbreak, the Pensions Section have had to adapt their working patterns to ensure continuation of the service to scheme members and participating Fund Employers. As a consequence, there may be a delay in responding to your requests whilst we prioritise our case work. Your understanding during this period is greatly appreciated. The best way to communicate with us at the moment is electronically, our email address is pensions@cardiff.gov.uk we will reply as quickly as we can. Currently, if you need to send us any documents or forms we will accept scanned copies or photographs. Documents can be sent to us by email as an attachment. The Cardiff & Vale of Glamorgan Pension Fund also maintains this website (www.cardiffandvalepensionfund.org.uk) where you can access information on the Local Government Pension Scheme, the Cardiff and Vale of Glamorgan Pension Fund and download forms. There is also the national LGPS member website available here www.lgpsmember.org where you can access various calculators and forms. These resources may provide you with the answer that you are looking for, so please use them. There are limited numbers of staff in the office most days and we may have to operate reduced working […]

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McCloud FAQs

Pensions team — Wed, 09 Dec 2020 12:50:19 +0000

To find out all you need to know about McCloud, click on the link below to read the most Frequently Asked Questions: LGPS member site

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Pension Increase 2020

Pensions team — Fri, 18 Sep 2020 15:33:18 +0000

Local Government pensions will increase by 1.70% in April 2020 Find out more about your pension increase by reading the Pension Increase Newsletter

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Public Sector Exit Payments cap – summary

Pensions team — Fri, 18 Sep 2020 15:30:29 +0000

If you would like to find out more about the Public Sector Exit Payments cap please read this summary

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Pensions Increase 2019

Pensions team — Tue, 16 Apr 2019 09:45:33 +0000

Local Government pensions will increase by 2.40% in April 2019. Find out more about your pension increase by reading the Pension Increase Newsletter

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Pensions Regulator warns of fraudsters cold calling

Pension admin — Mon, 11 Feb 2019 09:46:37 +0000

The Pensions Regulator (TPR) has warned of fraudsters who may be trying to steal the savings of workers by falsely claiming to be calling from The Pensions Regulator. The TPR has received reports of pension holders being cold-called by individuals who have posed as TPR staff offering the workers a ‘free pension review’. TPR have confirmed that this is a common warning sign of a scam as TPR never cold-calls individuals about their pensions. TPR has reported the cases to the Information Commissioners Office (ICO) for investigation and will also report any future cases. TPR has advised pension holders that if they are cold-called about their pension, or believe they could be the victim of pension fraud, to contact Action Fraud on 0300 1232040. Read the full press release from TPR

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