Facts & figures
Are you getting value from the Trust?
The Trustee Board is required to produce an annual Chair’s Statement that summarises the Trust’s arrangements and explains to members how it provides them with value for money.
The Chair’s Statement forms part of the Trustee’s formal Report and Accounts. The Report and Accounts are audited by the independent auditor, Deloitte LLP and you can read them in full here.
We’ve picked out some highlights from the Chair’s Statement, along with some membership facts and figures from the Report and Accounts.
GOVERNANCE
Explaining the governance of the Trust’s investment fund options and our thinking behind the recent default investment changes.
MONITORING
Setting out how the Trust’s administration services are reviewed and that the core financial transactions are processed efficiently.
COSTS & CHARGES
Detailing the charges and transaction costs you pay, with an illustrative example of the cumulative effect on your retirement fund.
VALUE FOR MONEY
Demonstrating how the Trust provides good value for the annual management charges you pay and the cost of governance that’s met by Rolls-Royce.
KNOWLEDGE & UNDERSTANDING
Showing how the Trustee Directors undertake training, maintain appropriate levels of knowledge and understanding, and how their effectiveness is reviewed.
2024
THE YEAR IN NUMBERS
Active members
Deferred members
Members registered for Aviva’s MyWorkplace
Members who’ve
nominated beneficiaries*
*A nominated beneficiary is someone you’d like to receive benefits if you die
before taking your retirement savings