In response to feedback from members, we have added a new FAQ item for our non-pensioner members – please take a look if you think this may be relevant to you. Q9-11. Can I transfer to my SIPP if I take advice through LEBC?
We have sent a number of important letters to all members over the past few months so if you have not received anything then perhaps we do not have your current address? If this is the case, you should call us as soon as possible using the phone number on our home page and we will update our records accordingly.
Your personalised letter may have indicated the need to take certain initial actions if you wanted to consider some of your options further. The deadline to start this process was 30 days from the date of your letter (which for most members was March 9). Although this time limit has now expired, we have decided to extend the deadline to April 20, 2018. Please check your Option Letter to see if this deadline is relevant to you.
Our principal advisers have issued press releases: Nortel UK Pension set to exit Pension Protection Fund assessment (PwC) and Nortel recoveries achieved (Hogan Lovells)