2020-01-31
A Summary Funding Statement (SFS) must be issued to all Pension Scheme members and beneficiaries, within a reasonable period (typically 3 months) from the date when the Scheme’s Triennial Valuation or Annual Update are obtained/approved. The Trustee and Company are currently working to complete the 31 December 2017 Valuations and once these are complete, the Trustee is required to issue a SFS to members. When the Valuation has been agreed, a Summary Funding Statement will be prepared and issued to members, as soon as is practical thereafter.
