- Scheme benefits
The following documents are available on request by contacting us:
- Internal dispute resolution procedure
- Scheme Booklet
- Scheme Valuation
- Statement of Investment Principles
- Trust Deed and Rules
Update on selection process for Member Nominated Trustee Directors (MNTDs)
This is an important update for members of the schemes covered by Lloyds Banking Group Pensions Trustees Ltd (Your Tomorrow, Lloyds Bank Pension Scheme No 1, Lloyds Bank Pension Scheme No 2, HBOS Final Salary Pension Scheme, Scottish Widows Retirement Benefits Scheme).
MNTDs are appointed for a fixed period, and the Trustee Board asks for nominations before the end of an MNTD’s term of office.
The Trustee Board has decided to extend the term of office by six months for one MNTD, Shirley Marsh, until April 2022. This change of timetable takes account of the potential impact of the pandemic on nominations and selection, and means that the trustee will seek nominations for two MNTD positions at the same time.
We’ll contact active and pensioner members of the schemes in November 2021 to ask for nominations for two MNTD positions for terms commencing in April 2022.
The November communications will provide information about what the role involves and timescales for the selection process. We encourage anyone with an interest in this important and demanding role to consider applying.
These plans have been shared with Accord and Unite as part of our regular dialogue with the unions.