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Welcome to Nortel Pensions UK

The pension resource for former employees of Nortel Networks UK Limited and other acquired companies

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Notice
Notice
Notice

Option Process

Please be advised that the availability of options described in various member letters has now expired and it is no longer possible for you to initiate or change the form of benefits that will be secured for you when we exit PPF assessment – this is currently scheduled to occur in October 2018.

If you returned an Option Form to us then this will have been acknowledged and you may also have received additional paperwork from us relating to your Option choice.

We expect to write to all members in the second half of October setting out details of your new pension arrangement and guaranteed amounts.

If there are any updates to our planned timescales we will post details on this page so do check back from time to time.

We would like to take this opportunity to thank all members for their patience over almost ten long years since Nortel went into administration – we are nearly there!

Latest news

Recently updated sections of the website

We have added two main menu items to our homepage – Option Letters – Supporting Information and The Nortel Story. We have also added a new Section 9 to the FAQ. Posting date: March 22, 2018.

Statement of Investment Principles (SIP) dated December 2017. This was approved by the Trustees at their meeting on 27th November 2017. This document references the Investment Policy Implementation Document which can be found herePosting date: December 20, 2017

Report and Accounts 31 March 2017. The annual report and accounts were approved by the Trustees on 18th October 2017. Posting date: November 30, 2017

Leaving PPF assessment. We have added a new Section 8 to the FAQ . Posting date: November 24, 2017