Pensions Schemes

Minova Pension Trustee Limited (Trustee) is the Trustee of the Pension & Assurance Scheme of BMS Associates Limited and BMS Harris & Dixon Insurance Brokers Limited Pension and Life Assurance Schemes (Schemes).

Chairman’s Statement

In accordance with Regulation 23 of the Occupational Pension Schemes (Scheme Administration) Regulations 1996, as amended by subsequent legislation, the Directors of the Trustee are required to produce an annual statement covering the governance of the Retirement Account Plan (RAP) which is the Defined Contribution (DC) part of the Schemes and operated on a Defined Contribution basis. It explains how the relevant Schemes are meeting the governance standards that apply to occupational pension schemes that provide money purchase benefits (i.e. Defined Contribution schemes – DC).

Click on the links below to access the 2018 Chairman’s statements:

BMS Associates scheme 2018

BMS H&D Insurance scheme 2018

Click on the links below to access the 2019 Chairman's statements:

BMS Associate Scheme 2019

BMS H&D Insurance scheme 2019

Statement of Investment Principles

A Statement of Investment Principles has been prepared by the Directors of the Trustee in accordance with Section 35 of the Pensions Act 1995, as amended, and its attendant Regulations.

This Statement outlines the principles governing the investment policy of the relevant Scheme and the activities undertaken by the Trustee to ensure the effective implementation of these principles.

Click on the links below to access the September 2020 Statement of Investment Principles:

BMS Associates Scheme

BMS H&D Insurance Scheme

If you require a paper copy of either of the above Statements or have any questions about the Scheme, please contact the scheme administrator at Barnett Waddingham LLP via e-mail: