Issue 6 - Spring 2019

 

Contents

 

 Annual General Meeting

At the recent Annual General Meeting of The Pensions Archive Trust (PAT) the three directors retiring by rotation, Yally Avrahampour, Jonathan Bull and Alan Herbert were re-elected for a further term.

 

 Board Appointment

During the last year Jeff Highfield has been appointed as an additional director. Jeff has worked in the pensions industry since the mid 1980s, initially as a scheme accountant in several in-house roles. In 1992 he joined Clay & Partners (later Alexander Clay, later still Aon) and managed the provision of scheme accounting services to large and varied portfolios of trustee clients.

In 2005, at its inception, Jeff joined the Pensions Protection Fund as Head of Finance, and as the PPF increased in size and complexity, held several increasingly specialised finance and accounting roles. Jeff retired from the PPF in late 2018.

Jeff is an active and long-standing member of the Pensions Research Accountants Group and has been heavily involved in several revisions of the Statement of Recommended Practice: Financial Reports of Pension Schemes, the accounting standard for UK pension schemes issued by PRAG. Jeff is a Fellow of the Institute of Chartered Secretaries and Administrators, and a Fellow of the Pensions Advisory Service.

 

 Interns

PAT has been very pleased to continue its financial support of LMA's intern scheme which assists young people develop careers in Archive Administration.

Hannah Milton completed her year's internship with LMA/PAT in October. We thank her for her contribution to PAT's work and especially her work on the digitisation of the extended Ross Goobey collection (see below). We wish her well in her future career. We welcome a new intern, Eleanor Clarke, to the team. Eleanor has a BA and an MA in History from Oxford Brookes University. She previously has been involved with the Borthwick Institute for Archives. In the last year she has worked on the Heritage Project run by the Birmingham Hippodrome and Birmingham Library recording and cataloguing items for their new archives. 

 

 George Henry Ross Goobey collection online

PAT is delighted to announce that significant additional records of the George Henry Ross Goobey collection have been digitised and can now be viewed online. The papers consist of transcriptions of speeches, draft and final copies of articles, handwritten notes, and details of his involvement with an extensive range of groups and organisations. 

Ross Goobey joined the Imperial Group Pension Fund as pensions manager in 1947, following a training as investment manager at Marine & General Insurance company and qualification as an actuary. As the pension manager of Imperial Tobacco, Ross Goobey invested the entirety of the Imperial Tobacco pension fund in equities in the mid-1950s and advocated equity investment as an appropriate policy for pension funds. 

The newly digitised material provides easy access to the key papers and speeches of George Ross Goobey's collection.

The scans, along with comment papers on George Ross Goobey's work, and a transcript of Ross Goobey's address to the 1956 Conference of the Association of Superannuation and Pension Funds can be accessed on the George Ross Goobey page of the website. For any general enquiries about access to LMA, please contact the LMA Enquiries Team at ask.lma@cityoflondon.gov.uk .

 

 PASA 2nd Annual Conference 27th February 2019

PAT was invited to have a stand at the Pensions Administration Standards Association (PASA) 2nd Annual Conference which took place at Plaisterer's Hall on Wednesday 27th February where we met with delegates to discuss the work of PAT. A brief history of pensions administration was prepared to mark the occasion and copies were available on the stand.

 

Pensions in the Post Office: The Debates and Constraints of the 19th Century Civil Service Pensions

On Monday 15th July 2019 at 14.00hrs - 15.00hrs Dr Kathleen Mcilvenna, University of Derby, will be giving a talk at London Metropolitan Archives, 40 Northampton Road, London EC1R 0HB on "Pensions in the Post Office: The Debates and Constraints of the 19th Century Civil Service Pensions." The talk will reveal the impact these early occupational pensions had on the lives of letter carriers, clerks and telegraphists. For those interested in attending, places can be booked by calling 020 7332 3851 or on the Eventbrite page which can be found by visiting http://bit.ly/2H2ky86 . There is no charge for the event.

 

 Friends of PAT

We want to encourage those who work in pensions to regard the Pensions Archive very much as their archive which records the part they and their predecessors have played in developing pension provision in the UK. Subscriptions or donations from individuals who wish to support the Trust's  work by becoming a Friend of PAT are very welcome. The Trust can claim Gift Aid on donations from individuals who pay Income Tax and/or Capital Gains Tax in the UK. For enquiries about Friends of PAT, contact PAT Director, Chris Bedford at: cjrbedford@aol.com . For other questions about PAT do contact me.

 

Alan Herbert

Chairman

The Pensions Archive Trust

Email: alanherbert@btconnect.com

Tel: 01438 869198

Registered Charity no. 1122633