Macmillan currently operates a defined contribution pension scheme run by Legal & General.
If you joined Macmillan on or before 30 April 2005, you would have had the opportunity to join the Macmillan Cancer Support Pension Scheme, our final salary pension scheme. This scheme is now closed to new members but it still operates and pays members’ pensions. You can find out more about this closed scheme below.
To make sure there is enough money to pay all members' pensions, the trustees and their advisers invest the money that has previously been contributed by members and Macmillan. To find out more about our approach to investing, download the scheme’s Statement of Investment Principles.
To evidence that we have continued to follow and act on our investment strategy as outlined in our Statement of Investment Principles, we annually produce an Implementation Statement. This statement focusses on implementation of our strategic investment objectives, pursuing stewardship activities and Environmental, Social and Governance policies, and demonstrating good governance. To find out more, download the scheme’s 2020 Implementation Statement.
Who is responsible for the scheme?
The trustees of the scheme, with the help of professional advisers, are responsible for running the scheme for the benefit of members and ensuring there is sufficient money to pay all pensions.
The trustees have delegated the daily administration of the scheme to First Actuarial, a professional scheme administrator. If you have any questions or need information about the scheme or your benefits, please contact them using the details below.
Macmillan Scheme Pensions Administration Team
First Actuarial LLP, Network House
Basing View, Basingstoke