1 July 2026
The British Coal Staff Superannuation Scheme has announced a change to its investment arrangements. This change has no impact on your pension. MPS and BCSSS are two separate Schemes, each with their own investment advisers and managers, suited to their own members.
How MPS investments are managed
The Trustees are responsible for how the Scheme invests. As part of that responsibility, they regularly review how the Scheme’s investments are managed. They check that the right approach is in place for members.
Your pension is protected by the Government Guarantee, so will always be paid, but well-run investment arrangements help support the Scheme’s long-term success.
The Trustees are happy that the Scheme continues to have the right investment approach and that it fits with the Scheme’s unique needs.
The Scheme’s investments are, and will continue to be, managed by Coal Pension Trustees Investments Ltd (CPTI). The Trustees are happy that the Scheme continues to have the right investment approach with CPTI, and that it fits with the Scheme’s unique needs.
You do not need to take any action. If you have any questions about your pension or the Scheme, please contact us.