The Trustee sees communications as a key part of the services provided to the employers and members. General information about Cheviot is available on this website together with investment performance.
Cheviot’s communication objectives
For employers
- To provide appropriate, regular management information to help employers meet their governance responsibilities.
- To meet with key employers at least annually.
- To support employers to ensure they meet their obligations to employees by understanding any statutory requirements.
Quarterly management reports are issued to defined benefit scheme sponsors and include investment, membership and funding information. General management reports are available to all employers participating in the Cheviot pension. Larger employers can elect to receive a personalised report.
For members
- To engage members in a way that enables them to understand and focus on providing sufficient income for their retirement.
- Engagement involves developing awareness, building understanding and then driving action.
- We provide a separate website for members with a style designed to engage and explain the basics in a way that is easy to understand. The Member online dashboard allows members to view. their own details, including past benefit statements, make changes to their records and see current fund values.
We aim to use simple language and include only one or two key messages in each communication, to provide information that is accessible to members.