RM Scheme
Member newsletter
This newsletter is from the Trustee of the Research Machines plc 1988 Pension Scheme. It covers the year ending 31 May 2024, highlights important information about the Scheme and updates you on its financial position.
Information about your benefits
This provides generic information on your benefits in the Scheme, such as how your pension may increase both before and after retirement and what benefits may be payable in the event of your death.
Information for advisers
If you’re appointing an adviser to help you take any decisions about your scheme benefits, they may find the details provided in this document of assistance.
Summary funding statement
This statement explains the funding of the Scheme and covers the results of the latest actuarial valuation as at 31 May 2024.
This page gives information about the Research Machines plc 1988 Pension Scheme
RM contact information
0333 1111 222
Privacy notice
This privacy notice is intended to provide transparency about what to expect when the Trustee of the Research Machines plc 1988 Pension Scheme, the Scheme Actuary and Barnett Waddingham process personal information. It applies to information about scheme members, their beneficiaries and other people associated with them.
Expression of Wish form
The Expression of Wish form enables you to indicate to the Trustee how you wish the benefit to be paid on your death.
You can inform Barnett Waddingham via the Clarity self-service site or this form.
Change of address details
You can inform Barnett Waddingham of any changes to your address via the Clarity self-service site or this form.
Change of bank details
If you are receiving a pension from the scheme, you should inform Barnett Waddingham if you wish to change the bank account your pension is paid into via the Clarity self-service site or this form.
Authorisation form
If you’d like Barnett Waddingham to deal directly with either your financial adviser or a potential receiving arrangement, you should inform them by using this form.
Internal dispute resolution procedure
Most disputes are settled quickly and informally after consultation with the Trustee. However, the scheme has a formal internal dispute resolution procedure (IDR procedure) for any unresolved disputes. Further details on the IDR procedure can be found in this document.
Explanation of your payslip
If you are receiving a pension from the scheme, this explanatory booklet gives you basic details about your payslip and answers some common questions about your payments.
Statement of Investment Principles (SIP)
The combined SIP for the defined benefit (DB) and the defined contribution (DC) sections of the Scheme can be found here.
Implementation Statement
The Implementation Statement sets out the trustee’s implementation of the investment policies set out in the SIP over the year.
DC Governance Statement
This link shows the Scheme’s most recent defined contribution (DC) Governance Statement (also known as the DC Chair’s Statement). It will primarily be of interest to members with DC benefits and provides information on:
- the investment options in which DC members invest
- the requirements for processing DC financial transactions
- the charges and transaction costs borne by DC members
- an illustration of the cumulative effect of these costs and charges
- a ‘value for members’ assessment
- Trustee knowledge and understanding