The trustees of schemes looking to join Stoneport will take significant comfort from the high standards of governance and positive member experience Stoneport is able to offer and that from the members perspective, their benefits do not change.
Once Stoneport reaches scale to be able to operate as one larger, stronger scheme, from the end of 2022, the transformative impact on members’ benefit security kicks in. From then on, the benefits of Stoneport’s members are collectively supported, dramatically reducing the risk of members not receiving all their benefits in full.
Trustees also know that stronger employers mean stronger pension schemes. Schemes joining Stoneport have a shared goal of reaching its long-term funding target, with appropriate levels of engagement and support through the journey, allowing employers to refocus on their businesses.
The Trustees are supported by Barnett Waddingham in the day-to-day delivery for provision of actuarial, administration and investment services.
For Trustees, safe in the knowledge that Stoneport improves their members’ benefit security and experience, Stoneport’s benefits are clear.