Who runs the Plan

As well as you, there are three groups involved in the running of the Sky Pension Plan: Sky Pension Plan Trustees Limited (the Plan’s trustee company), Buck (the Plan’s administrator and adviser) and Sky.

The Trustee

The Plan’s Trustee is a company called Sky Pension Plan Trustees Limited that has been set up solely to act as Trustee of the Plan. Its directors (the ‘Trustee Directors’) are responsible for ensuring that the Plan meets legislative and regulatory requirements and is run in line with its Trust Deed & Rules. However, whilst the Trustee Directors designate the investment fund options available within the Plan, as a member you choose from these how your individual account is invested. The current Trustee Directors are: Tanya Richards (Chair), Rob Collie, Scott Morrison, Caroline Parker, Fiona Ross, Robert Spencer-Taylor and Eugene Chin.

The Trustee Directors are required to produce a Summary Funding Statement setting out the Plan Actuary’s most recent update on the funding position of the Sky Pension Plan. This funding statement is needed because some members of the Plan have a Guaranteed Minimum Pension underpin.

Meet the Trustee Directors

Buck

Buck are the Plan’s advisers and administrators, who support Sky and the Trustee Directors in the running of the Plan. Buck are your contact for any questions about the Plan. In addition to Buck, the Trustee Directors appoint other advisers (such as investment specialists, for example) to help them run the Plan.

Sky

Your contributions are paid by Sky to Buck from the payroll. Buck then invest the money for you, with the aim of building up your individual account.

Sky pays all of the costs involved in running the Plan, including consultancy, administration and insurances. You pay the Annual Management Charge to the investment managers who run the funds. The charge is taken directly from your individual account by the investment managers.

Sky reserves the right to amend or discontinue the provisions of the Plan at any time.

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