Latest news & announcements

Preparing for retirement

Preparing for retirement

Due to the ongoing Coronavirus crisis the Affinity Connect pre-retirement workshops have been temporarily replaced by a dedicated 2-hour Pre-Retirement Online Course.

If you have booked to attend the upcoming July workshop, Affinity will contact you to invite you to join this Online Course.

Brunel Pension Partnership - 2020 Responsible Investment and Stewardship Outcomes Report

Brunel Pension Partnership, today issued their 2020 Responsible Investment and Stewardship Outcomes Report, acknowledging the significant contribution made by Avon alongside all of the Brunel client funds. The report gives an account of how Brunel have delivered against our joint strategic responsible investment priorities through the year.

https://www.brunelpensionpartnership.org/wp-content/uploads/2020/06/Brunel-2020-Responsible-Investment-and-Stewardship-Outcomes-Report.pdf

Update for members - Coronavirus (COVID-19)

What we are doing

As with many organisations, due to the current COVID-19 health crisis, we have had to close our office and our staff are now homeworking.

Therefore, we will be responding to, and dealing with, urgent enquiries and cases as our priority. Our focus will be the payment of all pension benefits to our members and their dependants.

Read our FAQs

In conjunction with the Local Government Association we have produced a set of Coronavirus (COVID-19) FAQs for scheme members.

The FAQs covers subjects such as the ‘Coronavirus Job Retention Scheme’, ‘Emergency Volunteer Leave’ and can be access from the members website at the following location:

www.avonpensionfund.org.uk/coronavirus-covid-19-faqs-for-lgps-members

How you can help

Please help us by wherever possible getting in touch by email. If you have an enquiry, please email: avonpensionfund@bathnes.gov.uk  

You can also use the ‘Contact us’ facility on our website, to send your enquiry with your contact details by visiting the following webpage:

www.avonpensionfund.org.uk/contact-us  

You can also access your pension account using our secure self-service website my pension online. Where you can view your pension details, access your annual benefit statement, perform estimates and update your expression of wish nominations and contact details.

If you haven’t registered for my pension online already, it’s a simple process, visit the registration webpage https://myaccount.avonpensionfund.org.uk/ with your National Insurance number, click on ‘Register’ and follow the instructions.

As we currently have very limited access to both our building and incoming post, we have introduced a secure service by which you can receive and return your documents digitally.

Full details on our electronic processing service and identity checking is available here:

PDF iconCOVID-19 Update – New Administrative Procedures

Full details on how to use the SecureShare portal software is available here:

PDF iconSecureShare Guide for Scheme Members

If you are not able to communicate digitally you can send documents to the Avon Pension Fund at the usual address, however, incoming post is currently retrieved on a limited basis, and we must therefore make you aware that this may change as the situation with COVID-19 continues to unfold, and as such there may be a significant delay in our ability to retrieve your documents for action.

You can still contact us by telephone if your enquiry is urgent, please call 01225 395100. Our telephone service is operating weekdays, between 10am and 3pm.

We’ll keep updating our website regularly as the situation changes.

We appreciate your understanding and support during this difficult time.

Don’t let a scammer enjoy your retirement

Scammers are targeting pension pots of all sizes – make sure you know how to spot the signs

Pension scammers are targeting people like you with the average victim losing £91,000 each. 

Scams are hard to spot and are often disguised with credible websites, testimonials and materials which make them look like the real thing.

To help you spot the signs and protect yourself from a scam, the Financial Conduct Authority (FCA) and Pensions Regulator suggest following four simple steps.

Brunel Pension Partnership Co-file a Shareholder Resolution at Barclays AGM

In January we published details of a landmark shareholder resolution co-filed by Brunel Pension Partnership calling on Barclays to set and disclose targets to phase out its financing of fossil fuel companies where they are not aligned with the goals of the Paris Climate Agreement. The outcome of the meeting has been hailed a success with Barclays’ own resolution winning majority support and committing them to becoming net carbon zero by 2050. The shareholder resolution won significant minority support in its own right, prompting the bank to consult with shareholders and explain the views received and actions taken publicly within six months.

The result is a great example of the power of Pooling and highlights now more than ever the value of shareholder engagement as the Fund seeks to deliver on its ambitious climate change objectives.

Further information relating to both resolutions can be found here: https://www.brunelpensionpartnership.org/2020/04/29/from-ambition-to-action-lpgs-investors-ask-barclays-to-firm-up-commitments-on-climate/

Brunel Pension Partnership’s official statement following the outcome of the Barclays AGM can be found here: https://www.brunelpensionpartnership.org/2020/05/07/barclays-climate-resolution-outcome/

Transforming our investment portfolio for a lower carbon world

We are all witnessing the impact of climate change on our lives and many of our employers have declared climate emergencies in recent months. The current global health crisis underscores the importance of mitigating such risks on a global scale. Climate change, in particular, represents a systemic risk to people, the planet, and to the investment returns which are necessary to enable payment of pensions. The need for action on the climate crisis is more critical now than ever before.

Avon Pension Fund, already recognised as a leader in Responsible Investment, has recently reviewed its investment strategy to support the transition to a greatly reduced carbon economy. The changes we have made will enable us to lower our carbon footprint and invest more capital in renewables, while preserving our ability to guarantee pension payments to beneficiaries.

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