National Grid UK Pension Scheme: Changes to Trustee executive services from 1 September 2024

National Grid UK Pension Scheme publishes on its website:

With effect from 1 September 2024, the governance services to support the Trustee in managing the Scheme, currently provided by NGUKPS Trustee Executive Limited (TEL), will be provided by Lane, Clark and Peacock LLP (LCP).

LCP has recently been appointed by the Trustee to deliver these services going forwards. Most of the existing TEL team will transfer to LCP from September and remain part of the NGUKPS expert team, making sure the continuation of services to the Scheme and the Trustee Board is seamless.

Commenting, NGUKPS Chair, Chris Martin said:

“We are very grateful to TEL for the excellent support they have provided to the Board over the years. LCP has been appointed because they have impressed us with their commitment to the Trustee and to our employees. We are delighted to have chosen them as our partner to support us in this next phase of the Scheme’s journey.”

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