UPDATES NEWS
Bluesky and Crystal become one pension scheme
Te Bluesky pension scheme is merging with its sister scheme, Te Crystal Trust, to become one scheme from January 2020 onwards. Tis single, larger scheme will offer
a new website, a more streamlined structure and improved member tools, and will also generate long-term cost efficiencies. Te Bluesky scheme will now be wound up and all benefits reassigned to a special section of Crystal. If you’re a contributor, the only change you’ll see is a Crystal logo beside the Bluesky brand. Bluesky Chair Tony Filbin said: “Both
sets of Trustees have been working behind the scenes to make this process as smooth as possible. “In reality, pension holders will
not notice any difference in the day- to-day operation. Te amount of any fund and where it is invested will remain unchanged, as will investment options, fees and contact details. “Te Nomination Form, which
indicates your wishes if you die, remains valid and our relationship with SELECT remains unchanged.” Te new structure will see a
number of improvements including: ●●new member website with additional online functionality ●●retirement drawdown options built within the scheme ●●additional financial support and education. Mr Filbin said: “SELECT Members
with an existing Bluesky pension will be part of a scheme that has 2,500 employers, 85,000 members and more than £500million of contributions under management.” Updates will be released over the next few months.
i
For further information, call 0333 321 8208 or email penadmin@
evolvepensions.co.uk
10 CABLEtalk OCTOBER/NOVEMBER 2019
Register for free at
www.bsgltd.co.uk
Risk assessments hit the 100 mark
M
ore than 100 SELECT Members are using the free risk assessment software provided in partnership with the Building Safety
Group (BSG). An increasing number of firms are making the most of the simple- to-use templates to complete online assessments to help their business remain compliant with HSE regulations. More than 80 different types of assessments are available with each template pre-configured with its own set of unique control measures relevant
to the hazard being assessed. Users simply apply a risk rating for each hazard appraised, using BSG’s 5×5 evaluation matrix. This automatically calculates scores based on risk severity and likelihood, and users can then apply a residual risk rating once the control measures have been considered. Dave Forrester, Head of Technical at SELECT, said: “The BSG risk assessment software is a fantastic tool that is already making life easier for our Members across Scotland. We are delighted to have reached the 100-user mark.” SELECT Members can register for free softward access by visiting BSG’s website.
SELECT declarations go digital
SELECT declarations have gone digital as we continue to cut paperwork to make life easier for Members. Tanks to our new
online system, all Member declarations can now be submitted to SELECT via email, replacing the multiple forms which previously needed to be filled out by hand and posted. Te new process
will see an email sent to principal representatives at companies with a turnover of £100,000 and more. Reps can reply with their turnover details, with an optional declaration form attached. Te document has been further simplified by removing all the levy rate information. Instead, a link is included which directs
readers to the membership fees section of our website. Lorraine Miller, Senior
Finance Assistant at SELECT, said: “Tis system is easier to understand, with less information required to be sent back. “It saves on postage,
there’s less paper, it’s more accurate and there’s a quicker return time.”
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