MENU

You still work for Cadent and pay contributions into the Cadent Gas Pension Scheme.

How the Scheme works

The Cadent Gas Pension Scheme is a defined benefit (DB) arrangement. Find out what that means, and how much it costs to be a member.


Find out more

Scheme benefits

The Scheme provides a pension for life at retirement, as well as benefits on your death.


Find out more
 

Transferring your benefits

You can transfer your Scheme pension to another HMRC-registered pension arrangement.


Find out more

About the Scheme

The Scheme has a complicated history which mirrors the changes to the UK’s gas industry.


Find out more

Documents

From member guides and forms, to copies of more technical Trustee documents, this section has it all.


Find out more

Useful links

A selection of useful pensions and money-related websites.


Find out more

FAQs

Some common questions answered.


Find out more

News

Pension transfer warning from the Pensions Regulator

12/06/2020

Pension transfer warning from the Pensions Regulator

The message is to stay calm and not rush to make financial decisions during this time of financial uncertainty. The industry has fears that the impact of the pandemic on global markets and people’s personal finances may make members more vulnerable to scams or making a decision that could damage their long-term interests.

The Pensions Regulator has also instructed pension schemes to issue the following letter to any member requesting a transfer quotation www.thepensionsregulator.gov.uk/-/media/thepensionsregulator/files/import/pdf/cetv-members-letter. If you request a transfer quote from Mercer, you will be issued a copy of this letter.

Here are the main points for Scheme members to be aware of:

  • Since the coronavirus outbreak began, stock markets have fallen and are likely to go up and down for some time, while your Scheme pension remains a safe, long-term investment for your retirement
  • The Regulator has stressed that transferring out of a defined benefit (DB) pension scheme (such as the Cadent Gas Pension Scheme) into a different type of pension arrangement is unlikely to be in a member’s best long-term interests
  • Transferring out of the Scheme is a serious and irrevocable decision
  • Before making any decisions about your Cadent Gas pension, you should always seek independent financial advice.
Back to news

Videos

Cookie control centre

We use cookies to provide you with a better service. Essential cookies provide core functionality and you cannot use the website without them. Essential cookies do not collect any personal information or track your activity on the website. Other cookies, such as Analytic cookies and Functionality cookies, are not essential. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.

Strictly Necessary

Always Active
null

Name: preference_cookie

Provider: Cadent

Duration: 3 Years

Type: First Party Cookies

Name: winter_session

Provider: Cadent

Duration: 2 Hours

Type: Session Cookies

Name: _visited

Provider: Cadent

Duration: 1 week

Type: First Party Cookies

Performance Cookies

null

Name: _gat_gtag_UA_175173443_1

Provider: Google

Duration: 1 Minute

Type: Analytics Cookies

Name: _gat

Provider: Google

Duration: 2 days, 5 hours, 46 minutes

Type: Analytics Cookies

Name: _ga

Provider: Google

Duration: 2 years, 1 day, 5 hours, 46 minutes

Type: Analytics Cookies

We use cookies to enhance your website experience and to allow us to customise the content you see.