News Archive 2022

Following this week’s unprecedented temperatures here in the UK, and with the probability of more to come, here is some useful information from Which

DB transfer scam warning flags reach record high Rates of scam warning flags rises for the fourth consecutive month

Following the news on Thursday 17 March 2022 from P&O Ferries, we would like to reassure MNOPF members that their MNOPF pensions remain secure. The assets of the MNOPF are held in a separate trust and are looked after by the MNOPF Trustee. The Trustee has appropriate arrangements in place to ensure that any remaining contributions due to the Fund are collected.

The Trustee of the c.£3 billion Merchant Navy Officers Pension Fund (“MNOPF”) has secured a further c.£400 million of members’ pension benefits through a buy-in transaction with Pension Insurance Corporation plc (“PIC”).