The company closed its final salary pension scheme to new staff in 2011. Thames Water Mirror Image Pension Scheme Stay informed and up-to-date on your network with RelSci news and business alerting service. Thames Water PO Box 508 Swindon SN38 2TX. The Trustee is monitoring this closely and THPA are on ‘high alert’ for possible scams related to member’s benefits. We are specialists having been providing first-class pensions administration services to scheme members and trustees for over ten years. You can also scan or photograph the completed form and email us. Pension and benefits Congratulations on the start of your career with Thames Water. Covid-19 has meant that members of pension schemes are increasingly being targeted by scammers and unscrupulous financial advisers. Nurture your network and further your business goals with smart intelligence on the people and companies that matter most to … If you'd prefer us to send you a form, call us on 0800 980 8800. Thames Water plans to close both of the DB schemes by March 2020. Registered Office: Clearwater Court, Vastern Road, Reading RG1 8DB. Thames Water’s pension scheme moved from a £26.1m surplus in 2008 to a £260m deficit in 2016. Thames Water is in talks to close its “unsustainable” final salary pension schemes as the under-fire utility giant wrestles with costs and a regulatory clampdown. Thames Water Utilities Limited Registered in England and Wales. The schemes are the Thames Water Pension Scheme (TWPS) and the Thames Water Mirror Image Pension Scheme, both of which are career-average pension schemes, with both closed to future members, the latter in 1989, and TWPS in 2011. Pensions administration. Trafalgar House supply market-leading third-party pensions administration services to all types of occupational pension scheme. We’re open 8am-8pm Monday to Friday. In an appointment announcement, Thames Water revealed that Bentley’s pension allowance will be 12 per cent of her annual salary of £750,000. In this section you will be able to find out even more about the company and hopefully answer some of the questions and fears you might have about your first day with us. Company number: 02366661. Thames Water made over ½ a billion pounds in profit last year. Thames Water said its pension deficit had been run up due to a fall in the value of gilts – British Government bonds heavily backed by most pension schemes. Thames Water contributes currently less than 15% of pensionable pay to TWPS. THAMES WATER PENSION TRUSTEES LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual … A … The newly appointed Thames Water CEO, Sarah Bentley, will receive a pension allowance in alignment with the firm’s workforce. If your hearing or speech is impaired, you can contact us using Relay UK. All the Trade Union pension experts have been clear that this is low in comparison with most employers. In a statement, the company said: “We are committed to providing fair and affordable pensions …

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