Introduction

This site deals with the Fund’s defined benefit (“DB” or final salary) pensions. If you are (or were) in the Robinson money purchase (“MP”) scheme (i.e. you started a Robinson pension after 1997), then you can access your pension fund using the link provided to you to the Legal & General MasterTrust website.

FUND WIND UP AND DEFINED BENEFIT SECTION CLOSED (19 December 2024)

Following the issue of all members individual policies by Legal & General Assurance Society Ltd and completion of the requisite matters, the Trustees have closed the fund and proceeded to wind it up.

DEFINED BENEFIT SECTION MOVES TO BUYOUT (September 2024)

Following notification to all members of their augmented pension (from the remaining surplus in the scheme), Legal & General Assurance Society Ltd has taken full responsibility for paying all members benefits and will, in due course, send individual policy documents to members.

FUND MOVES TO SECURE PENSIONS WITH INSURANCE COMPANY (7 December2022)

The Group and the Fund trustees have long shared an ambition to achieve a buy-out of the liabilities when market conditions allow. As market yields rose in 2022, this has driven the cost of buying annuities down resulting in the buy-out ambitions being affordable.
On 7 December 2022, the Fund purchased a bulk annuity insurance policy from Legal & General Assurance Society Limited (“L&G”) to cover all future liabilities required to pay the pensions for the Fund’s members and any eligible dependents. The Fund will no longer bear any investment, longevity, inflation or interest rate risk. This buy-in will deliver greater security to the Fund’s members as L&G are the largest provider of pensions in the UK market and the Fund will no longer have to rely on Robinson plc to support the payment of pensions should a shortfall arise. Member’s pension benefits will not change.
Members do not need to do anything but please continue to communicate with us in respect of any matters regarding their pension.
This buy-in is the first step towards the full buy-out proposed after a data cleanse exercise, which is expected to be completed before the end of 2023. L&G will then take over responsibility for administering our pensions together with the pension payroll. When this happens, members will receive a welcome letter from L&G informing them of the change in contact details.

Money Purchase Section (“MP”) – transfer to MasterTrust (30 September 2019)

On 30 September 2019, the Trustees and Sponsoring Employer agreed to transfer the MP section of the fund to a MasterTrust scheme administered by Legal & General.

Sponsoring Employer

Robinson plc was the sponsoring employer and administrator of the Fund – further details can be found on the website www.robinsonpackaging.com .

Queries

Any queries about the Fund or about benefits from the Fund should be addressed to Legal & General Retirement, PO Box 809, Cardiff, CF24 0YL or Robinson plc, Field House, Wheatbridge, Chesterfield, S40 2AB.