Travis appoints Standard Life
Published:  23 August, 2012

NORTHAMPTON: Travis Perkins has appointed Standard Life to provide a master trust scheme for its 25,000 employees in advance of its 2013 auto-enrolment staging date.

Standard Life was chosen by tender. The scheme will bring together employees' contract and trust-based pension plans, excluding final salary, subject to consultation.

The Travis Perkins Group retirement savings plan will launch in September and will be available to all new and existing employees.

The default investment option, the Standard Life Passive Plus III Strategic Lifestyle Profile, will be based on StandardÕs MyFolio range.

Standard will provide the administration, the investment platform and member communications. Pitmans Trustees has been been appointed as the scheme's independent trustees.




Sign Up

For the Builders' Merchants News enewsletter.

In the spotlight

Recruitment

Builders Merchants Vacancies – UK Wide

We work closely with the National and Large Independent Builders Merchants as well as Manufacturers & Distributors. We have vacancies all over the UK for those who work within the Building Supplies sector.

Guest Blog by Simon Damp

Is DIY a lost art?

As time goes by, the art of do-it-yourself when it comes to activities around the home and garden is fast becoming more and more of a lost art.