The following table confirms the 'contracted out' status of GSK's DB pension arrangements: Scheme Name Contracted out of SERPS or S2P? SmithKline Beecham Pension Plan Trustee Limited is responsible for looking after the SmithKline Beecham Pension Plan. By. The purpose of this announcement is […] SmithKline Beecham Pension Plan Yes – until 6 April 2016 when the facility to contract out Since Glaxo Wellcome merged with rival SmithKline Beecham to create GlaxoSmithKline in 2000, the running costs of GSK's three main final-salary pension schemes have spiralled upwards. Edinburgh Pharmaceutical Industries Limited Beecham Products Limited , Beecham Products Limited , Smith Kline & French Laboratories Limited , and 67 more are mutual companies. © 2001-2018 GlaxoSmithKline plc. The general administration of that pension scheme was conducted on behalf of the Trustees by HRFS, a specialist company. It was registered 1987-10 … Plan administrator for the Glaxo Wellcome Pension Plan, Glaxo Wellcome Contracted-out Money Purchase Scheme (GWCOMPS), GSK Pension Plan, SmithKline Beecham Pension Plan and SmithKline Beecham Senior Executive Pension Plan. Registered in England and Wales No. Change of Pension Scheme Administrator for the GSK Pension Plan, SmithKline Beecham Pension Plan and SmithKline Beecham Senior Executive Pension Plan Find out more Sustainable Investment – Survey results and next steps If you have any questions about the active and deferred members website, you should contact the administrator of your GSK pension plan – find the right details for your plan on our Contacts page. EQ Paymaster works with the UK’s public and private sector schemes and the Life and Pensions sector to manage complex administration and payments. 1. Your Pension Partner. But already, big employers such as the Post Office, many high-street banks and pharmaceutical companies Glaxo-Wellcome and SmithKline Beecham have switched their pension schemes … GlaxoSmithKline has become the latest FTSE-100 company to unveil a large pensions shortfall under the new controversial accounting standard. Brendan Maton. GlaxoSmithKline has become the latest FTSE-100 company to unveil a large pensions shortfall under the new controversial accounting standard. The site produces 6.5 billion Panadol products a year, and products manufactured at Dungarvan account for approximately 10% of all GSK Consumer Healthcare sales. Glaxo pension scheme drops Watson Wyatt. This webinar will look at how pension schemes can harness their members’ interest in ESG to engage them more broadly with their pensions. Change of Pension Scheme Administrator for the GSK Pension Plan, SmithKline Beecham Pension Plan and SmithKline Beecham Senior Executive Pension Plan (“the Plans”) from 1 April 2020. To view this page you need te be logged in with the correct permissions. GlaxoSmithKline plc. Company Description SMITHKLINE BEECHAM PENSION FUND SMITHKLINE BEECHAM PENSION FUND is a Vereniging zonder winstoogmerk registered in Belgium with the Company reg no 0434.175.463. In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. Password. The Anglo-American drugs giant SmithKline Beecham is planning to shift its corporate base from the UK to the US in a bid to simplify its management structure and cut costs, company insiders say. Rearrange. What can you share about Smithkline Beecham Pension Trustees Limited? GSK Dungarvan is one of our global supply sites with 750 employees supplying products to 70 markets around the world. If you need help, you can contact Willis Towers Watson on: Helpline telephone: 01737 227 563 Earlier this year, the Trustees amended the underlying allocations of both the GSK Diversified Growth Fund and the GSK Lifecycle Fund. GlaxoSmithKline (GSK) is a global healthcare company that is committed to helping people to do more, feel better and live longer. Reconciliation and rectification of pension scheme benefits for active, deferred, pensioner and dependant members; Contracting-out liabilities services for GMP reconciliation, rectification and equalisation; Pension scheme benefit audits; Pension data analysis and resolution; Pension scheme de-risking support ; Talk to us today The Pensions Powerhouse In Numbers. Year, the Trustees amended the underlying allocations of both the GSK Diversified Growth Fund and the GSK Lifecycle.! 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