Imperial Tobacco Pensioners Action Call» Scotland Region

Annual General Meeting 2010

Simon Andrews — Wed, 31 Mar 2010 20:21:19 +0000

The IMPAC Scottish Region Annual General Meeting is being held at the Garfield House Hotel on Wednesday 21st.April at 6.00p.m. for 6.30p.m. At this meeting S.Andrews, A.G. Russell and C.Martin will outline the Actuarial Valuation procedure which will take place during 2010. A recent survey suggested that 90% of defined benefit schemes are now closed to new entrants. 20% are closed to future accruals and a further 40% are considering this option. Will the valuation place us with the 91% of schemes now in deficit? It may well do. ITL has always supported the fund when difficulties arise and there is no indication that they will do otherwise whatever the outcome of the valuation.

Allan Russell Re-elected

Simon Andrews — Thu, 15 Jan 2009 21:22:51 +0000

Allan Russell has been re-elected as a tustee for a further three years.
Our thanks and congratulations go to Allan. To be a trustee today is a very significant commitment. Allan has already been on the Trustee Board for seven years.

Robin Aspinall of IMPAC has also been re-elected. For continuity at this time it was important to have Allan and Robin re-elected.

Dates for 2009

Simon Andrews — Thu, 15 Jan 2009 21:16:22 +0000

Stirling Meeting – Stirling Rugby Club at 2.00p.m. on Friday 27th. March.2009

Scottish a.g.m – Garfield House Hotel at 6.30 p.m. on April 22nd. 2009.

National a.g.m. – Nottingham on Wednesday 20th. May 2009

Meeting with the CEO, Gareth Davis

Simon Andrews — Thu, 15 Jan 2009 21:10:53 +0000

IMPAC met with Gareth Davis on the thirteenth of November 13th. Full details of the meeting will be given at our a.g.m.on 22nd. April 2009. At the meeting robust re-assurance of company support for the fund was given. Issue 59 of the Pensioners Gazette sent to all pensioners in November gave great encouragement.On Page two Mike Paige, the Pension Fund Manager points to – the support of a strong and expanding company. On page four Will Mather,the Group Pensions Executive, advises – pensioners should not panic the Fund would survive. On page two Gareth Davis the Chief Executive says – I am excited about our growth opportunities. We have pushed very hard for improvement in the content of this magazine. Hopefully these sort of inputs will continue.

Latest News for the Western Region
Contact Details for the Western region:
Lady Chairman – Helga Hincks – email helga@impac.org.uk
Secretary is Alan Bowering – email alan@impac.org.uk