Whitbread Group Pension Fund Defined Contribution Implementation Statement for the year ending 31 March 2022 Welcome to the Trustee's Statement of how they implemented the policies and practices in the Fund's Statement of Investment Principles during the year ending 31 March 2022. The Whitbread Group Pension Fund has completed a 680m buy-in with Standard Life, part of Phoenix Group, securing retirement benefits for around 8,000 scheme members. My original plans were to go into teacher training but I had a change of heart. 13/7/22. Premier Inn has been awarded the Best UK Family Hotel in the TripAdvisor Travellers' Choice Awards, Best UK Hotel Group in the Silver Travel Awards and the Business In The Community Environmental Leadership Award. Whitbread is the owner of the Premier Inn chain of hotels. However, in my first role I took on many extra responsibilities. are wrongly refusing to pay him a pension from the Fund. They help us to know which pages are the most and least popular, and see how visitors move around the site. Aydanos a proteger Glassdoor verificando que eres una persona real. Reed Smith is a dynamic international law firm dedicated to helping clients move their businesses forward. Receiving unexpected recognition by being nominated and accepted to our RISE Leadership and Development program. The Whitbread defined benefit pension scheme funding level swung into a surplus of 222m after a one-off contribution of 381m following the sale of Costa Coffee. I had just graduated from university and was looking to start my career in a company that provided good room for progression and development. Under the 'Manage Cookies' option in the footer, accept the Functional cookies to allow the video to play. No barriers to entry and no limitations to ambition. I have had two managers in particular who have really supported my development throughout the company. WTW UK pensions transactions team director, Louise Nash, added: The Whitbread Group Pension Fund was able to achieve very compelling pricing by moving quickly to take advantage of attractive market conditions and a highly competitive insurer landscape. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Keith Jones, chairman of the Whitbread Group Pension Fund, said This buy-in is a key stage in the Funds de-risking journey. Yingling honored for significant wins in court and leading roles in high-profile pro bono cases, Chambers and Partners highlights firms litigation, trade and business capabilities, Related Professionals: William Sutton 29423, Houghton Hall Business ParkPorzAvenueDunstableLU5 5XE. LONDON Global law firm Reed Smith has advised long-standing client, the trustees of the Whitbread Group Pension Fund, on investing 680m in a policy with Standard Life. In 2018 Premier Inn was also named the UKs top-rated hotel chain for the fourth year in a row by Which? questo messaggio, invia un'email all'indirizzo Home; Decisions; Whitbread Group Pension Fund (PO-7950) Whitbread Group Pension Fund (PO-7950) Share . In November 2017, Whitbread joined AMX seeking to achieve further efficiencies across an already operationally efficient . Part of Arc network,www.arc-network.com, Forward-thinking Fixed Income with Janus Henderson Investors. For more information, please visit www.reedsmith.com. The first ZIP will be opening inCardiffMarch 2019, with more coming soon. To help further, all Whitbread employees can take advantage of a range of other healthcare benefits as well, including receiving significant discounts on dental insurance and regular health assessments. He has always been very open and honest about my areas of development and has facilitated my career progression through mentoring sessions, investment in training and giving me confidence to believe I can achieve my goals. Pension portfolios the role of asset-backed securities, Laura Blows is joined by Royal London Asset Management (RLAM) head of sterling credit research, Martin Foden, and its Senior Fund Manager, Shalin Shah to discuss the role of asset-backed securities (ABS) within pension fund portfolios, Laura Blows is joined by TCW head of fixed income ESG, Jamie Franco, to discuss incorporating environmental, social and governance (ESG) strategies into fixed income portfolios. Here it is - the complete list of winners for this year's Pension Scheme of the Year Awards. However, many of the beneficiaries of these schemes have. Premier Inn is the UKs biggest hotel brand, offering quality accommodation at affordable prices with over 800 hotels in great locations. View determination Download . enva un correo electrnico a I see both as mentors and still ask for support with my current role. Do you have any advice to someone thinking about applying? Enterprise account. Why do the Fund's investments matter to me? Whitbread agreed to make the contribution which allowed Costa to be released from its obligations to the pension scheme and enabled the trustee to reduce its investment risk. Although we write about many UK organisations on this website we are unable to help the staff (or former staff) of those organisations with any benefits queries. Completing the course was a great sense of achievement and a huge confidence boost. . Registered office 1st Floor Chancery House, St Nicholas Way, Sutton, Surrey SM1 1JB. I graduated from university with a degree in Psychology. If you already have an account please use the link below to But one of the main reasons I applied was the fact that I had seen her progress through the company with a lot of support throughout her career. I started working in the Contact Centre as a Reservation Agent and just by the way I was treated as part of a family, I knew that this was the company I wanted to develop my career in. Wenn Our Sharesave scheme gives employees the option to invest through a savings plan over a fixed period, and then purchase Whitbread shares at a significant discount. With an inclusive culture and innovative mindset, we deliver smarter, more creative legal services that drive better outcomes for our clients. Whitbread Group has chosen Aries Insight's pensions service to help it stay on top of ever changing and complex regulation. Si continas viendo este mensaje, For pensions related questions, contact The Pensions Advisory Service or call 0845 6012923 For Whitbread Privilege Card call 01582 424200 Commercial Enquiries Events and Digital Hannah Hicks Commercial and Event Director Phone: 07984 378 769 Email: hannah.hicks@employeebenefits.co.uk The Pension Tracing Service is a free government service. The team are the best thing about Whitbread. the bonus is though whitbread pays in what you pay as well (government scheme) so it is a really . I joined the Reservations Team when I was 18 and it was my first full time job after college. I was nervous starting a new role in a new company but everyone was really welcoming and I received great training so I felt confident in my new role. Cloudflare Ray ID: 7c06cd922f931fe3 Be a part of our global team dedicated to building brighter futures for employers and their people. Someone that wants to have fun at work with colleagues that will not only invest in your development, but help you become the best version of yourself is what makes a Contact Centre team member. enviando un correo electrnico a We are Whitbread More hotel rooms than anyone in the UK. The first part of our day youll be invited to take part in a variety of different exercises, including a group exercise and a role play, where youll play the part of an agent or advisor. I was actually very pleasantly surprised however by a great, relaxed interview process, which focused on me as a person as opposed to just experience and skills I could offer. They struck a great balance between pragmatism and securing the best Trustee outcomes where it really mattered. Keep your eyes peeled for a ZIP near you. Non-contributory stakeholder pension scheme available for all employees. 4.0. I chose Whitbread to begin my career because of the reputation they have as an employer locally, and the fact the brands that sat under them were globally known. 04 January 2019 1 min read Defined Benefit Whitbread promises contribution to DB scheme after Costa Coffee sale So Im really focused on honing my skills, developing my current knowledge along with relationships to propel my career in the right direction. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. om ons te informeren over dit probleem. Our winning teams delight customers so they come back time and again which, along with our focus on everyday efficiency, drives profitable growth. Please note that if your shareholding is held via a nominee, please contact your nominee directly to request the shareholder benefits card. Laura Blows explores HSBC Master Trusts recent report, Converting pension pots into incomes, with HSBC Retirement Services CEO, Alison Hatcher. We then dive deeper into the role of a Reservation Agent or a Guest Relations Advisor, looking at the softer skills, information needed for the job as well as the systems used. Support and guidance will be provided from multiple different people during training to ensure you are ready at the end of your training and feel like a valued part of the team. If you meet the requirements listed on the job role, applying is easy, all you need to do is submit your online application by firstly, registering your details, answering a few basic questions and then uploading your CV. The reason for that is theres an infinite number of opportunities and directions you could take for progression in the business. We don't want anything to stand between you and your new career withus, so we'velistedeverything that you'll be expected to do between now andbeginning your journey with us. Enterprise account. WTW acted as the lead adviser on the transaction, while legal advice was provided by Reed Smith. My mum had previously worked at Whitbread when I was younger, so I knew of the company. Contacting us about your ownpension? However, the truly best thing about working for Whitbread is the fact its a global brand that everyone knows about, and that the departments all have a great family feel to them where everyone looks out for each other. Si vous continuez voir ce Once I was fully trained on the phones and working on my own, I still had great support from both my managers and peers, which helped with my confidence. The action you just performed triggered the security solution. Our first brand and still one of the UK's best loved restaurants. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. hub by Premier Inn is a smart new concept in urban hotels. naar From our Reservations Agents assisting our guests with booking rooms to our Guest Relations Advisors resolving any issues, our Contact Centre team are often the first port of call and offer an exceptional world class service, making a difference to everyone they speak to. I had regular one-to-ones with her to discuss how the course was going, she provided me with feedback, advice and helped me to overcome any challenges. Together, were redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. We have three strategic priorities to support the ongoing success and growth of the business; to grow and innovate in our core UK businesses; to focus on our strengths to grow in Germany; and to build the capability and infrastructure to support long-term growth. Explore Mercers latest thinking to see how were helping to redefine the world of work, reshape retirement and investment outcomes, and unlock real health and well-being. The trustees of the 3 billion pension fund were advised by Reed Smith . My highlight was completing Shooting Stars. and for a tenthyear in a row we were named as a Top Employer. All rights reserved, I chose to apply for Whitbread because of the progression opportunities; I was already in full time employment but I really wanted a career and development. Pension Trustees (the "Trustee") in investing the assets of the Defined Contribution Section of the Whitbread Group Pension Fund (the "Fund"). Former Employee. Read the latest written content from our community covering ESG and Sustainable Investment, Industry responds to WPC inquiry into DB schemes, DB transfer activity falls to lowest level in six months, Unlimited access to real-time news, analysis and opinion from the industry, Receive our in-depth monthly magazine in either print or digital format, Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space, Receive important and breaking news stories selected by the Editors in our daily newsletter, Hear from industry experts and other forward-thinking leaders, Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date. Supporting our peoples wellbeing, and that of their family, is at the top of our list. The Statement complies with the requirements of the Pensions Act 1995 (the "Act") and subsequent legislation. message, contactez-nous l'adresse The following two weeks of training provided was helpful and allowed me to identify some key working behaviors that I still currently use in my new role. Als u dit bericht blijft zien, stuur dan een e-mail Please enable Strictly Necessary Cookies first so that we can save your preferences! If you pass the morning exercises, youll then be progressed through to the last and final part of the day which will be a face to face, 2-2-1 competency-based interview. Our deep industry knowledge, long-standing relationships and collaborative structure make us the go-to partner for complex disputes, transactions, and regulatory matters. A friend suggested looking on the Whitbread site, and from there I applied for a role in the Contact Centre. You can find out more about which cookies we are using or switch them off in settings. You are currently accessing Professional Pensions via your Adding to this, Standard Life senior business development manager, Kieran Mistry, said: Its exciting to support the trustee in securing their first buy-in, taking risk off the table in a volatile economic environment. Ive subsequently had 3 other roles before my current promotion to Senior Guest Relations Advisor. Wir entschuldigen uns fr die Umstnde. If you have any problems with your access or would like to request an individual access account please This Video is unable to play due to Privacy Settings. The transaction is the first bulk purchase annuity deal undertaken by the trustee and is expected to significantly reduce the risks associated with the underlying members benefits. You are currently accessing Professional Pensions via your Enterprise account. Premier Inn and Restaurants journalist enquiries, To ensure guest enquiries are handled by the right team, please use the customer enquiries details at the top of this page. Whitbread said it was extending its cheaper pension arrangement to 14,000 staff currently without a pension. Click to reveal Schedule a free call today to talk to a pension transfer . sign in. I learnt so much during my time in Reservations, I felt set up for success and I enjoyed working in such a friendly, vibrant environment. We also have an amazing recognition culture, so if you perform well there are always plenty of awards, prizes and bonuses up for grabs. Ive taken in varied roles from Social Media Advisor to Sales Admin Support and now Im Sales Operations Executive. Contact us Visit our brand sites Nurudin - Business Implementation Executive. Contact us - Whitbread PLC We have three strategic priorities to support the ongoing success and growth of the business; to grow and innovate in our core UK businesses; to focus on our strengths to grow in Germany; and to build the capability and infrastructure to support long-term growth. We like to give everyone who works for us a little bit extra over and above their pay. Is it our beds, our food, our great value or our people that people love so much? Total UK revenue was up 50 per cent to 2.5bn. The Whitbread Group Pension Fund is a 2.9 billion defined benefit scheme with a diverse investment portfolio that combines many asset classes and investment strategies. Do it! A growing portfolio of hotels in Germany and the Middle East. Just some of the things we can offer you here at Whitbread. Whitbread scheme secures 380m from Costa sale The Whitbread Group Pension Fund has been handed a one-off contribution of 380m following Whitbread's sale of Costa to The Coca-Cola Company.