Welcome

The NTL Pension Association exists to represent the interests of members of the NTL Pension Plan. We extend a warm welcome to all visitors to this site.

If you are an NTLPA member, please log-in on the right side of this page to view a wider selection of postings. This includes a selection of  “Press Cuttings” concerning pension matters amongst many other items likely to be of interest to members.

If you are member of the NTL Pension Plan, but have not yet joined NTLPA please take a look at  About Us, then consider becoming an NTLPA member by joining the Association. This page contains the necessary forms for postal or online applications. The Association is open to all Plan members whether pensioner, deferred or a dependant of a former member. We look forward to hearing from you soon.

Christmas at Crawley Court

Do you remember the occasional Christmas Pantomime at Crawley Court? Well, with rather opportune timing, an old script of one has just turned up. If you’d like to relive the experience(!) it can be seen here. We don’t know the author(s) or the year, although 1993 is mentioned in the script, but the players are detailed on page 1. If you have any more information (or scripts!) please email the webmaster.

Potters Heron reunion

The annual “IBA” reunion at the Potters Heron, organised by John Goodson, will be held on Monday 28th January 2018. This is a good opportunity for everyone who worked for IBA or at Crawley Court to come along and meet old colleagues. It is an informal affair, no need to book, just turn up from about 7pm.

MNT nomination letter

All Plan Members should have recently received a letter inviting nominations for the election of a Member nominated Trustee (MNT) for the Plan. This has given rise to a few queries (some raised by NTLPA) and the Trustees have issued a clarification statement which they have asked us to publish on this website as follows:

Further to the MNT nomination information that has been mailed out a few queries have arisen; in response to those queries here is some further information.

The current Member Nominated Trustees for the Plan are Dick Buckle and Tony Gee; it is Tony’s position that is available for nomination from early 2018 that we invite you to nominate for. The second MNT position will be open for re-election in 2019. By staggering the appointments of potential new MNTs we hope to maintain knowledge on the Trustee board and allow time for new Trustees to get up to speed with pension matters.

The MNT letter referenced a vacant trustee position to be appointed by the Company. Due to movements within Virgin Media, Maurice Daw has recently resigned as a Company Nominated Trustee. The Company are currently working to fill this vacant Company Nominated trustee position.

The MNT covering letter mentioned that the Trustee Board may convert to a Corporate Trustee in the near future. Under a corporate trustee the trustee is a registered company and individual trustees become directors of that company. The main arguments for making the conversion are:

to ease the administration of the Plan: there would no longer be a requirement for every trustee to sign documents; and
to reduce the personal liability of the individuals filling the trustee role thus not discouraging potential trustee candidates.

The role of out MNTs is crucial to the administration of our pensions so NTLPA encourages all members to seriously consider nomination for this position.

There is some useful information about the role of Trustees and the different types of Trustee on The Pension Regulator’s website at http://www.thepensionsregulator.gov.uk/trustees/role-trustee.aspx

Next Pub Lunch

The next committee meeting will be held on Friday 9th Feb 2018 (NB  Not the normal  4th Friday for those diary hounds amongst you). This will be followed, from about 12.30, by an informal pub lunch in Stockbridge that all members and friends are welcome to attend. This will be held at the White Hart (SO20 6HF). If there are any issues that you would like the committee to consider please email the Secretary (link).

AGM2017

The 2017 NTLPA AGM was held on Sunday 8th October 2017 at the Grosvenor Hotel in Stockbridge, and was attended by about 35 members. There was time for a chat with old friends over a buffet lunch before the meeting itself. As well as the fomalities, Dick Buckle (Member Nominated Trustee) gave a presentation on the work of the Trustees over the past year and the perfomance of Virgin Media.

As usual there were a few committee changes. John Fuller came to the end of his 3 year term as Chairman but remains on the committee. Paul Gibson has taken over as Chairman and Mike Thorne has taken on Paul’s former job as Secretary. Tom Bowling has stood down leaving John Jardine as committee member representing in particular the interests of DTels members of the Plan.

More details of the meeting will be reported in the December newsletter.

Punter Southall report on the sustainability of DB Pension Schemes

Punter Southall (the administrators of the NTL Pension Plan have published a report on the sustainability of DB pension schemes which is available here to logged in members.

Response to Consultation on Sustainability of DB Pension Schemes

The committee has made a response to the DWP consultation on the Sustainability of Defined Benefit Pension schemes. The response can be seen here.

Golf

The 2017 autumn golf competition took place on Thursday 19th October 2017 at the Royal Winchester Golf Club. For full details click here.

Email appeal from the Secretary!

We have valid email addresses for most members but we have never had addresses for a few of you who joined before email was commonplace. Also, a few of you may have changed email address and forgotten to notify us. This may (or may not) give rise to error messages which annoy our Secretary! We don’t email a lot, we sent pub lunch reminders to those within reasonable distance (and you can opt in or out of this), and occasionally notifications of other events such as our AGM. You can also choose to receive the newsletter by email rather than in print. So please, if you are no longer getting emails from us, or never have, please contact the secretary (details in Contact Us link above) with your details. Don’t worry if you don’t use email or prefer not to hear from us that way, you will still get everything, apart from topical items, in the newsletter – but you may not get them as quickly.

Official website for NTL Pension Plan

The official website for the NTL Pension Plan is operated by the Plan administrators, Punter Southall, on behalf of the Plan Trustees. The site contains all the key documents relating to the Plan such as the Plan Rules and Trust Deed, financial reports to the Trustees and Plan valuations. It also contains helpful documents and links for members. Documents that have been superceded are still available, for reference, in an Archive section.

The site is available to all plan members at www.ntlpensionplan.com. The site now requires a logon and details of this can be found on page 4 of the August 2017 Members’ annual newsletter from the Trustees. Do take a look and let one of the NTLPA committee know if you think any further improvements could be made. We’ll feed suggestions back to the Trustees.

Virgin Media discount offer

The discounted service offer for members living in cabled areas remains available although it has changed somewhat since it was originally advertised in the newsletter. It is equivalent to a £10 per month discount for life, not just the length of the contract. If you are interested in this offer please contact chairman@ntlpa.org.uk initially for further information.

 

Do you have a query or suggestion?   Then please use our on-line feedback form when submitting questions or ideas.  In addition, use the same form to contact the committee at any time if you have any matters you would like to raise.