Chairman's Statements, Statements of Investment Principles & Implementation Statements - please click on the links below if you would like to download a copy of our Chairman's Statements/Statement of Investment Principles/Implementation Statements for our pension schemes

WHSmith Pension Trust Statement of Investment Principles Defined Benefit and Defined Contribution sections
This publicly available document explains how the Trustee invests the assets of the pension scheme.
SIP (WH Smith Pension Trust) 2020 final.[...]
Adobe Acrobat document [294.2 KB]

WHSmith Pension Trust Implementation Statement Defined Benefit and Defined Contribution sections
This publicly available document explains how the Trustee implements its investment strategy.
WH Smith Pension Trust SIP Implementatio[...]
Adobe Acrobat document [960.7 KB]

WHSmith Pension Trust Chair's Statement 2021
This publicly available document explains how Defined Contribution members receive value for money whilst providing other useful information.
WHSmith Pension Trust RA 2021 - Chairman[...]
Adobe Acrobat document [1.2 MB]

Statement of Investment Principles Retirement Savings Plan (Pension Builder) Defined Contribution Pension Scheme
A document explaining how the Trustee invests pension contributions and the strategies employed. This document is available publicly.
WHSmith PensionBuilder - Updated DC SIP [...]
Adobe Acrobat document [313.3 KB]

SIP Implementation Statement Retirement Savings Plan (Pension Builder) Defined Contribution Pension Scheme
A document explaining how the Trustee implements its investment strategy. This document is available publicly.
WH Smith Pensionbuilder SIP Implementati[...]
Adobe Acrobat document [761.1 KB]

Retirement Savings Plan (Pension Builder) Defined Contribution Pension Scheme - Chair's Statement 2021
This publicly available document explains how Defined Contribution members receive value for money as well as providing other useful information.
Retirement Savings Plan 2021 Chairman's [...]
Adobe Acrobat document [1.2 MB]

Welcome

Thanks for visiting the WHSmith Pensions information site.

This site is intended as a publicly available general information site. If you are a member you can register on our other sites to access personal information held by the Trustees.

These are:

www.whsmithPBpensions.co.uk

(defined contribution open scheme known as Pensionbuilder)

www.whsmithPTpensions.co.uk

(Pension Trust, a closed defined benefit/final salary/defined contribution scheme)

Communicating the pensions message

Stephen Tiley

Pension Funds Manager & Trustee

Stephen has a background in pensions management, trusteeship and financial regulation. He has a keen interest in consumer finance and investment issues.

Yields going negative?

Do we need to worry? Well luckily the Defined Benefit section is well funded and largely immune from lower yields because of the conservative investment strategy employed by the Trustee. This means the liabilities to pay pensions and other benefits are closely matched with the type of income producing investments needed to pay the benefits as they fall due. If higher rturns were sought then this would carry greater risk which the Trustee and WHSmith has decided is an unattractive proposition.

Award winning service provided to members

One of three awards for schemes managed by Stephen Tiley, Pension Funds Manager, WHSmith.