This topic is aimed at former members of DTELS staff, who transferred to National Transcommunications Limited (NTL) on 1st March 1994, joined the NTL-DTELS pension scheme and have since:
(b) Left the company
(c) Continued employment with NTL and subsequently transferred to NTL Broadcast following the Trade Sale to Macquarie on 31st January 2005.
By now most of you will be aware that NTL sold its Broadcast Division to Australia's Macquarie Infrastructure Group at the end of January. It is understood that as a result of the trade sale, the NTL-DTELS pension fund will remain with NTL group at Hook and managed by the pension trustees.
Coming at a time when pension schemes are the focus of attention in the national press, the issue of how the funds are being managed is an important issue for all of us. Apart from our right to individually approach the trustees where we have concerns or queries, many of you may not be aware of the existence of the NTLPA. The association was set up in 1993 by ex-NTL staff to:
- Promote the further interests of ntl pensioners
- Provide a channel of communication to the ntl Pension Scheme trustees, to ntl and to others connected with the ntl pension Scheme
- Encourage and facilitate contacts between members
Further information on the aims of NTLPA can be obtained from www.ntlpa.org.uk or by contacting the Treasurer and Membership Secretary. As a personal opinion, the information on the website is limited and not currently relevant to ex-DTELS interests. I understand that the NTLPA aims to update the association membership material in due course to encompass broader ntl-DTELS aspects. In the meantime, if you are interested in joining, it may be better to phone or email Tony in the first instance. Membership is currently understood to be ?10 per annum and includes a quarterly newsletter.
Steven R. Cole
1st March 2005