What is the Printing Industry Pension Scheme (PIPS)?
The Printing Industry Pension Scheme was first established by the BPIF and NGA/Sogat. in 1986 to provide pensions arrangements for companies associated with the industry which did not have company schemes. The scheme is a stakeholder/group personal pension plan with Standard Life and Legal & General. Standard Life is the preferred provider for new PIPS schemes. There is a joint GPMU/BPIF management committee that oversees the running of the scheme and meets with the advisers and providers to ensure the scheme runs in the interests of members. There is also a PIPS group risk scheme which provides life insurance and PHI cover for employees for more information on the two schemes contact the advisers Meridan on 0800 132100 or RSM Robson Rhodes on 0800 0722210. Back to questions What are Additional Voluntary Contributions (AVC)? These are contributions paid in addition to your company pension scheme contributions that provide extra benefits. There are many reasons why you might make additi
