Electricity Pensions Trustee Ltd.
Electricity Pensions Trustee Limited oversees the Electricity Supply Pension Scheme (ESPS), one of the largest industry-wide pension funds in the UK, catering primarily to employees within the electricity sector. The ESPS operates under a defined benefit framework, providing pension benefits based on members’ salaries and length of service. Established as part of the privatization and restructuring of the British electricity industry in the 1990s, the scheme serves a diverse group of companies ranging from power generation to electrical distribution. The trustee company is responsible for the governance and administration of the pension fund, ensuring it is managed in the best interests of both the members and the participating employers. This involves strategic asset allocation, managing liabilities, and ensuring compliance with regulatory requirements to secure the financial futures of its many members.
