About the Birkdale Partnership pension scheme. Contents. Regulators and Professional Service Providers. About the Birkdale Partnership pension scheme

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2 Contents About the Birkdale Partnership pension scheme About the Birkdale Partnership pension scheme Advantages of joining the scheme What the member should be aware of Investment policy Important information Regulators and Professional Service Providers What is the Birkdale Patnership pension scheme? The Birkdale Partnership is an occupational, money purchase defined contribution pension scheme set up by The Birkdale Partnership Limited to provide officers and employees with retirement benefits. Membership of the pension scheme may also be made available to any other person at the discretion of the employer (The Birkdale Partnership Limited). Who looks after the pension scheme? The Trustees of The Birkdale Partnership (Barclay Cavendish Trustees Limited) have appointed a Pension Administration Company, Warwick & Eaton Administrators Limited who are a firm of specialist pension administrators responsible for the day to day administration of the pension scheme. This administration includes dealing with the receipt of any contributions and transferred funds from other pension schemes, as well as ensuring that all investments continue to be held in line with the Trustees instructions. Members receive regular updates on their investments with the scheme. Other professional advisors can be involved from time to time in the management of the pension scheme, as appointed by the Trustees. These include: The Bank providing the Trust Account Investment Managers Additional Trustees (If required) Financial Advisers Solicitor Accountant Auditors

3 Advantages of joining the scheme Access to investments not available through the mainstream providers or ordinarily available to the public. The flexibility to plan your retirement to suit your own circumstances. Maximise your income in retirement by taking advantage of the available tax planning opportunities. Consolidate funds from other pension pots into one pot so you only pay one administration charge. Decide how and when any future contributions will be made. There is no joining or set up fee, and at 600 per year the administration fees are less than industry standard and below that of a SIPP or a SSAS. The Schemes aim is to achieve a higher return than the market average. You can take advantage of the Pension Commencement Lump Sum, also known as 25% Tax Free Cash. (For ages 55 and over). On your death, benefits can be passed to your nominated next of kin or dependants. What the member should be aware of They are joining an Occupational, where the membership is at the discretion of the principle employer. Their funds will be invested by Barclay Cavendish Trustees on their behalf. And only have a limited influence on where their funds are invested. This is a group pension scheme, not a personal one. The returns from the investments are not guaranteed. They will be contacted to carry out an adherence check. They should know that there are alternatives on the market, but they will have chosen the route of an OPS. If they wish to seek financial advice they should speak to an IFA before making their decision.

4 Investment policy Important information The aim of the trustees is to ensure that scheme members have their funds invested in a spread of investments, covering a variety of risks. The current default investment strategy is set as Adventurous, our other choices being Balanced and Speculative. HMRC PSTR Number RC The Pensions Regulator PSR Number Renewables Managed Fund Corporate Bond Cash Held Balanced Adventurous Speculative 40% 40% 40% 35% 40% 45% 30% 35% 40% 5% 5% 5% Scheme Address The Birkdale Partnership Suite 6, 275 Deansgate, Manchester M3 4EL Scheme Administrators & Information Warwick & Eaton Administrators Ltd Address Warwick & Eaton Administrator Ltd Suite 6, 275 Deansgate, Manchester M3 4EL Telephone admin@warwickeaton.co.uk

5 The Birkdale Partnership is recognised as a registered Occupational under Section 169 of the Finance Act Warning: A small number of Pension Operators exists to offer to liberate pension funds i.e. release cash through loans or other means. The Birkdale Partnership supports the efforts of HMRC, The Pensions Regulator and other organisations in identifying and stopping these illegal activities. The exists solely for the purpose of providing members with pension benefits at their chosen retirement date (age 55 and beyond), consistent with the existing pension legislation and within HMRC Rules.