Support Americas +1 212 318 2000 EMEA +44 20 7330 7500 Asia Pacific +65 6212 1000 Company Careers Tech At Bloomberg Sustainability Gender-Equality Index YouTube Products Bloomberg Terminal Data. Once I was fully trained on the phones and working on my own, I still had great support from both my managers and peers, which helped with my confidence. Restaurants across the country. Governance overview If you pass the morning exercises, youll then be progressed through to the last and final part of the day which will be a face to face, 2-2-1 competency-based interview. You are currently accessing Professional Pensions via your Enterprise account. pour nous faire part du problme. para informarnos de que tienes problemas. I joined as a Reservation Agent and in my first few months in the role I have got to be part of a support team and been on the Your Say panel Whitbreads annual employee engagement survey. We are Whitbread More hotel rooms than anyone in the UK. A growing portfolio of hotels in Germany and the Middle East. The best thing about working here is the support of the managers to help you identify your strengths and weaknesses, and using these to plan your next steps and how to reach your goals. Analyst coverage and company compiled consensus. Our Force for Good sustainability programme focuses on enabling people to live and work well whilst having a positive impact on the world around us. Pension Trustees (the "Trustee") in investing the assets of the Defined Contribution Section of the Whitbread Group Pension Fund (the "Fund"). Whats been a highlight of your time here? If you already have an account please use the link below to sign in. Completing the course was a great sense of achievement and a huge confidence boost. Keep your eyes peeled for a ZIP near you. real person. Click to reveal I have had two managers in particular who have really supported my development throughout the company. My highlight working with Whitbread was completing a skydive in order to raise money for Great Ormond Street Hospital. Support Centre | Roles : Whitbread Careers | Whitbread Careers Healthcare WTW UK pensions transactions team director, Louise Nash, added: The Whitbread Group Pension Fund was able to achieve very compelling pricing by moving quickly to take advantage of attractive market conditions and a highly competitive insurer landscape. Contact centre | Whitbread Careers om ons te informeren over dit probleem. The Pension Tracing Service is a free government service. Here I gained invaluable knowledge and skills, dealing with a wide variety of queries and situations its not as simple as just bookings! In 2022 PIC had a 15% market share and . Employer profile: Whitbread - Employee Benefits For pensions related questions, contact The Pensions Advisory Service or call 0845 6012923, For Whitbread Privilege Card call 01582 424200, Please send all press releases to:[emailprotected]. The first part of our day youll be invited to take part in a variety of different exercises, including a group exercise and a role play, where youll play the part of an agent or advisor. The results for the hospitality company, published today (25 April) on the London Stock Exchange, disclosed the surplus of Whitbread's defined benefit scheme fell from 523m in the 2021/22 fiscal y. The DC section of the Fund provides you with benefits on a . The results for the hospitality company, published today (25 April) on the London Stock Exchange, disclosed the surplus of Whitbread's defined benefit scheme fell from 523m in the 2021/22 fiscal y Made to measure mortality assessments crucial as longevity risks rise, Aviva invests 20m in low-carbon housing manufacturer, Railpen expands investment portfolio with Cambridge acquisition, Nest Insight publishes sidecar savings trial findings, Industry thinks current regulatory framework could better enable open schemes to thrive, With longevity risk at 25% of DB investment risks, report urges schemes to assess mortality, Transfer values rose by 4% to 175,000 as a result of a fall in gilt yields, Incisive Business Media (IP) Limited, Published by Incisive Business Media Limited, New London House, 172 Drury Lane, London WC2B 5QR.Registered in England and Wales with company registration numbers 09177174 & 09178013. I started working in the Contact Centre as a Reservation Agent and just by the way I was treated as part of a family, I knew that this was the company I wanted to develop my career in. Are current roads into retirement delivering member value? Be a part of our global team dedicated to building brighter futures for employers and their people. "So far this year market volumes in the bulk annuity and longevity swap markets have been lower than many predicted, but underneath the surface the market is incredibly busy and the second half of the year looks set to see a significant volume of deals complete., Updated: TPR and FCA publish LDI guidance following 2022 volatility, BofE urges insurers to exercise moderation amid 'considerable temptation', Blog: International Women's Day 2023: Embracing equity, Looking back: Top 20 most read stories of 2022, Workers planning for late retirement in search for financial security, Change needed to ensure DB funding regime remains fit-for-purpose, WPC told, Expectation on DC schemes' ability to easily invest in Lifts scheme 'concerning', Industry reacts following updated LDI guidance, Cost-of-living crisis pushes over 50,000 out of NHS Pension Scheme, PA Spring Conference 2023: TPR to finalise DB funding code 'in the coming months', Govt to allow retrospective state pension claims for those who didn't take child benefit, Star accreditations up 50% in second year, Coastline Housing becomes seventh employer to sign up to Living Pension scheme, Nearly two thirds of pension professionals set to increase infrastructure investment, Aegon adds several new ESG-focused funds to its master trust, LGPS improves funding position in 2022 valuations, Interim Assistant Pensions Manager, in-house, Forces Pension Society Pension Consultant, Head of Pensions Operations, in-house, hybrid working, Laura Blows discusses the importance of understanding data for trustee administration projects with ITM sales director, Mark Adamson. Contact Us | Mercer Get in touch with Mercer today! I have found them to be a great line of support in my working life and we really motivate each other to do better for the guest, the business and ourselves. 3% maximum to put in, but Whitbread add in 6%. In 2018 Premier Inn was also named the UKs top-rated hotel chain for the fourth year in a row by Which? Our winning teams delight customers so they come back time and again which, along with our focus on everyday efficiency, drives profitable growth. This will eventually give me the skills to manage my own team, focusing more on the people side. My first role in the Contact Centre helped me to gain the skills and knowledge of the business. Whitbread said it was extending its cheaper pension arrangement to 14,000 staff currently without a pension. Whitbread was advised by LCP and Slaughter and May. Whitbread pension trustees chair, Keith Jones, highlighted the buy-in as a key stage in the funds de-risking journey, emphasising that it will help to provide "greater certainty" to members about the security of their benefits. message, contactez-nous l'adresse TONY HETHERINGTON: Never trust Mercer to run a pension scheme A friend suggested looking on the Whitbread site, and from there I applied for a role in the Contact Centre. "We were very pleased to help the trustee to secure this transaction with Standard Life, working closely with the WTW scheme actuary and investment advisory teams. We have a fun, inclusive atmosphere at Contact Centre that means colleagues often become friends and that leads to lots of activities inside and outside Chiswell Court. Our corporate governance framework is integral to delivering our strategic priorities and creating long-term value for all stakeholders, from investors to employees. The Whitbread Group Pension Fund is a 2.9 billion defined benefit scheme with a diverse investment portfolio that combines many asset classes and investment strategies. Ive learned so much from every manager too. Whitbread Group Pension Fund - Company Profile and News Ive always felt supported to move around the business and my current manager has been my biggest supporter to date. Community LONDON Global law firm Reed Smith has advised long-standing client, the trustees of the Whitbread Group Pension Fund, on investing 680m in a policy with Standard Life. Registered office 1st Floor Chancery House, St Nicholas Way, Sutton, Surrey SM1 1JB. In preparing this Statement, the Trustee has consulted Whitbread Group plc (the . Both managers have recognized potentials that I didnt realize I had and helped nurture and push me to where I am today. Someone that wants to have fun at work with colleagues that will not only invest in your development, but help you become the best version of yourself is what makes a Contact Centre team member. For pensions related questions, contact The Pensions Advisory Service or call 0845 6012923 For Whitbread Privilege Card call 01582 424200 Commercial Enquiries Events and Digital Hannah Hicks Commercial and Event Director Phone: 07984 378 769 Email: hannah.hicks@employeebenefits.co.uk contact our customer service team. There is a real sense of camaraderie and we have real pride in what we do. Premier Inn was named the UK's top-rated hotel chain for 2018 according to Which? Contact Centre at our Whitbread Offices in Houghton Regis. I see both as mentors and still ask for support with my current role. The pension administrator runs the pension schemes of major businesses including Whitbread, Morrisons and Scottish Power. I graduated from university with a degree in Psychology. I chose to apply for Whitbread because of the progression opportunities; I was already in full time employment but I really wanted a career and development. Here it is - the complete list of winners for this year's Pension Scheme of the Year Awards. We don't want anything to stand between you and your new career withus, so we'velistedeverything that you'll be expected to do between now andbeginning your journey with us. We'll then check you do meet the requirements, hours and shifts and some competency interview questions. Contact Information Whitbread PLC (Pension Fund) Porter Tun Hse, 500 Capability Green Luton, England, LU1 3LF Get Directions Phone: 01582 391444 Email: nicholas.cadbury@whitbread.com Fax: 01582 397676 Twitter Feed: Visit Youtube Channel: Visit Edit: Edit or Remove Business Description Whitbread PLC (Pension Fund) is located in Luton, England. Are pension schemes shopping around enough for the best deals on admin software? Whitbread Group Pension Profile: Commitments & Mandates | PitchBook Ive had 4 roles overall; one in the Contact Center - Reservation Agent, one in specialist sales Sales Development Representative and two in the sales team Group Desk representative and Business Implementation Executive. We serve up delicious dishes full of seasonal flavour and a variety of drinks including local cask ales. Read the latest written content from our community covering ESG and Sustainable Investment, Industry responds to WPC inquiry into DB schemes, DB transfer activity falls to lowest level in six months, Unlimited access to real-time news, analysis and opinion from the industry, Receive our in-depth monthly magazine in either print or digital format, Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space, Receive important and breaking news stories selected by the Editors in our daily newsletter, Hear from industry experts and other forward-thinking leaders, Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date. Ive held management positions at our hotels in Bournemouth, Poole and Salisbury and have now returned to the Contact Centre. No barriers to entry and no limitations to ambition. The transaction is the first bulk purchase annuity deal undertaken by the trustee and is expected to significantly reduce the risks associated with the underlying . There is a separate defined contribution (DC) scheme for all management positions and head office staff. Click on the large image below toread their story. If you already have an account please use the link below to sign in. Using the experiences I have had within Whitbread, I feel I could continue to help develop and progress people to give them the same breaks Ive had. The Statement complies with the requirements of the Pensions Act 1995 (the "Act") and subsequent legislation. We hold all our assessment days at our very ownContact Centre at our Whitbread Offices in Houghton Regis. During 2022 it secured a 1.1bn transaction with WH Smith and 700m buy-in for the Whitbread Group Pension Fund. 04 January 2019 1 min read Defined Benefit Concerns have been raised about making members more aware of risks to their defined benefit (DB) pensions, for fear of leading to panic and knee-jerk reactions. sign in. For schemes who have not yet reached buyout, pensioner buy-ins continue to offer a fantastic opportunity to lock down risk over time, and form strategic partnerships with insurers along the way. Use every opportunity that is given to you. ViaNova Group and TEX complete 'first of its kind' live pension transfer, Whitbread pension scheme completes 680m buy-in with Standard Life, Cost-of-living crisis putting pension freedoms gains at risk, Please click here for an edited write-up of the video. To help further, all Whitbread employees can take advantage of a range of other healthcare benefits as well, including receiving significant discounts on dental insurance and regular health assessments. The Whitbread defined benefit pension scheme funding level swung into a surplus of 222m after a one-off contribution of 381m following the sale of Costa Coffee. Depending on your role within Whitbread, youll have access to company sponsored health cover for you or your family, or to discounted private healthcare schemes for you and your family. It said no experience needed, though as Ive heard this before I was quite skeptical! naar Opportunities to develop and grow. View determination Download . We do so much at ourContact Centre,in facteverything that goes into keeping Premier Inn the UK's favourite hotel brand. Wenn The support I received was invaluable and gave me the confidence I needed to take the next step. There's no doubt that we are a hospitality force to be reckoned with. Wir entschuldigen uns fr die Umstnde. Together, were redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. I had just left college and, at the time, my sister worked in the reservations team. Pension scheme buy-ins and buy-outs approached 16bn in H2 2022: Hymans Mercer under pressure again for failing pension savers - Money Marketing los inconvenientes que esto te pueda causar. The size of Whitbread meant I knew there were many different opportunities I could consider which was very important for me as I was still unsure on where I wanted my career to go. All qualities which are critical to success. Reward and recognition. Our first brand and still one of the UK's best loved restaurants. My future plans are to progress into a senior commercial position. We like to give everyone who works for us a little bit extra over and above their pay. Our latest announcements and press releases, both global and local. You'll be introducedto Whitbread, Premier Inn and the Reservation Centre, along with a tour of a hotel and breakfast. Even though we had targets to work towards and it could be stressful at times when we had large call queues, there was such a family culture in the office that I always looked forward to going to work. 2023 Reed Smith LLP. Whitbread is well known for its diversity and inclusion so dont feel like you must be a certain type of person to work here, any and everyone is welcome. Sustainability overview Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Reed Smith advises Whitbread Group Pension Fund on 680m buy-in with If you have any problems with your access or would like to request an individual access account please However, in my first role I took on many extra responsibilities. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. Industry Voice: The case for a market neutral absolute return government bond fund, People Moves: Week ending Friday 28 April 2023, Railpen expands investment portfolio with Cambridge acquisition, Majority of schemes to invest more in infrastructure. They help us to know which pages are the most and least popular, and see how visitors move around the site. Laura Blows is joined by Claire Felgate, Head of Global Consultant Relations, UK, at BlackRock, to discuss savings and finance at retirement. We use cookies to ensure you get the best experience on our website. To remain with Whitbread and explore the various opportunities for learning and development, both professional and personal, it has to offer. Fall in funding position offset by decrease in assumed future rates of inflation. enviando un correo electrnico a Instantly recognisable brands like Premier Inn, Beefeater, Brewers Fayre and Bar + Block. By working with AMX it has been able to speed up the process of investing with different managers and by streamlining the process it has been able to reduce the associated costs. He has always been very open and honest about my areas of development and has facilitated my career progression through mentoring sessions, investment in training and giving me confidence to believe I can achieve my goals. Current Chef in Great Yarmouth, Norfolk, East of England, England, England. Find my pension: tracing and finding lost pensions | MoneyHelper - MaPS Our Sharesave scheme gives employees the option to invest through a savings plan over a fixed period, and then purchase Whitbread shares at a significant discount. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de Your IP: This website uses cookies so that we can provide you with the best user experience possible. From each Ive learned to drive forward by trusting in myself, my knowledge and skills as theyve all been so empowering and knowing when to push me to succeed in what I want to achieve. to let us know you're having trouble. Ci But one of the main reasons I applied was the fact that I had seen her progress through the company with a lot of support throughout her career. When I worked as Groups Reservations Centre Agent, I put through a great Business Account lead which was recognized by the Business Accounts Team with a bottle of Champagne and a night out with a free night stay at a Premier Inn of my choice. Why do the Fund's investments matter to me? Ifyoure passionate about customer service and hardworking youll love being part of our Contact Centre community. The team are the best thing about Whitbread. You are currently accessing Professional Pensions via your Enterprise account. We are sorry for the inconvenience. It will involve a one-off contribution to the pension fund of up to 380 million, which will significantly de-risk the pension fund's investment strategy. I am currently in my second role in Whitbread. A 12-month course which included development in product knowledge and leadership skills. 6776955. Ive subsequently had 3 other roles before my current promotion to Senior Guest Relations Advisor. Under the 'Manage Cookies' option in the footer, accept the Functional cookies to allow the video to play. This Video is unable to play due to Privacy Settings. There are so many great things about working here but the best thing would have to be the people, its a real family culture. The Video could not be loaded because the privacy settings are disabled. Whitbread agreed to make the contribution which allowed Costa to be released from its obligations to the pension scheme and enabled the trustee to reduce its investment risk. Do you have any advice to someone thinking about applying? We grow brands that customers love by building a strong Customer Heartbeat and innovating to stay ahead. Reed Smith advises Photonis on acquisition of ProxiVision, Tips and tricks for startups before a financing, Reed Smith advises Position Music in connection with its growth equity investment by Vesper, Reed Smith advises Whitbread Group Pension Fund on 680m buy-in with Standard Life, Tax, Private Client Services and Executive Compensation, Modern Slavery and Human Trafficking Statement. Justine M. Senior, Will Sutton, Reed Smiths Global Corporate Group partner who led the team, commented: We are particularly pleased to have worked on this deal for the trustees. My original plans were to go into teacher training but I had a change of heart. Support and guidance will be provided from multiple different people during training to ensure you are ready at the end of your training and feel like a valued part of the team. Contact us - Whitbread PLC We have three strategic priorities to support the ongoing success and growth of the business; to grow and innovate in our core UK businesses; to focus on our strengths to grow in Germany; and to build the capability and infrastructure to support long-term growth. After a quick intro into Whitbread culture I was convinced this would be the perfect place to start my next journey! Whitbread Group Pension Fund, Dunstable, England, completed a 680 million ($822 million) buy-in with Standard Life. Personally my highlight so far would be my rapid progression to another role within the 6 months Ive been here. Adding to this, Standard Life senior business development manager, Kieran Mistry, said: Its exciting to support the trustee in securing their first buy-in, taking risk off the table in a volatile economic environment. Whitbread DB scheme surplus falls by 198m Step into the lives of some of our Contact Centre colleagues, and get some insight around thepart they play. enva un correo electrnico a You can find out more about which cookies we are using or switch them off in settings. Ive had five different roles across different areas of Whitbread and progressed with each one. The DB schemes, which were . Many thanks to Justine, Will and the wider team for their support., Justine Senior, Reed Smith counsel and lead lawyer for the client, added: It was fantastic to get to this point in the life cycle of the Whitbread Group Pension Fund, especially for a long-standing client whom we have advised for many years on this journey.. Whitbread's 2.9bn pension fund is one of the larger schemes in the UK and is operationally complex, with investments across multiple asset classes including hedge funds, equities and credit. Contact us Link opens in new tab . If your application is considered successful, youll be contacting to arrange a suitable telephone interview. If you continue to see this Do it! Whitbread Group Pension Fund Defined Contribution Implementation Statement for the year ending 31 March 2022 Welcome to the Trustee's Statement of how they implemented the policies and practices in the Fund's Statement of Investment Principles during the year ending 31 March 2022. This transaction, with legal advice led by Reed Smiths pensions practice in London, secures a large portion of the liabilities of the pension scheme, covering around 8,000 members, effectively moving the risk for those benefits away from the pension scheme and from Whitbread plc into the hands of Standard Life. Anyone looking to join Whitbread should 100% do it. I had a family member currently working within Whitbread who told me they had some positions open, and theres great opportunity for growth which was important to me. Whitbread looks set to keep investing in its UK estate and expects to add between 1,500 to 2,000 rooms during this financial year, with total capex . You'll also get 25 days' holiday, a 25% discount on all our brands and up to 50% off a stay at Premier Inn. If it wasnt for my manager I do not believe I would currently be in the position I am in and he is continuing to take time to ensure I am on track and happy with my development. message, please email It was clear to all of us that Reed Smith have great expertise in relation to this type of transaction, as well as in all the other areas on which they have advised us over the years. From our Reservations Agents assisting our guests with booking rooms to our Guest Relations Advisors resolving any issues, our Contact Centre team are often the first port of call and offer an exceptional world class service, making a difference to everyone they speak to. Whitbread is the owner of the Premier Inn chain of hotels. 208.113.170.112 We look forward to partnering with the fund on its journey. Industry Voice: Why include illiquid assets in DC schemes? You might end up finding something you really enjoy, that you never considered yourself doing. We have three strategic priorities to support the ongoing success and growth of the business; to grow and innovate in our core UK businesses; to focus on our strengths to grow in Germany; and to build the capability and infrastructure to support long-term growth. Read the latest written content from our community covering ESG and Sustainable Investment, Whitbread DB scheme surplus falls by 198m, Whitbread scheme secures 380m from Costa sale, Whitbread promises contribution to DB scheme after Costa Coffee sale, Whitbread appoints Aries Insight to keep up with regulatory changes, Trustees raise doubts over communicating DB risks to members, Pension Scheme of the Year Awards 2013 - The Winners. Click each image to read more about each step. Si continas viendo este mensaje, Registered in England and Wales no. Whitbread is committed to supporting and helping all of our teams when facing challenges or problems either at home or at work and as such, have an Employee Assistance Programme (EAP) provider, in partnership with Hospitality Action. Standard Life serves up buy-in to Whitbread pension fund My first role at Whitbread was as a Reservation Centre Agent. My mum had previously worked at Whitbread when I was younger, so I knew of the company. I had regular one-to-ones with her to discuss how the course was going, she provided me with feedback, advice and helped me to overcome any challenges. It searches a database of more than 200,000 workplace and personal pension schemes to try to find the contact details you need. Pension portfolios the role of asset-backed securities, Laura Blows is joined by Royal London Asset Management (RLAM) head of sterling credit research, Martin Foden, and its Senior Fund Manager, Shalin Shah to discuss the role of asset-backed securities (ABS) within pension fund portfolios, Laura Blows is joined by TCW head of fixed income ESG, Jamie Franco, to discuss incorporating environmental, social and governance (ESG) strategies into fixed income portfolios. 29423, Houghton Hall Business ParkPorzAvenueDunstableLU5 5XE. Having advised on transactions with all the leading insurers in this market, our reputation of providing workable advice, as well as being practical and collaborative in negotiations, was a key element in securing a good deal with Standard Life for our client. Our aim is - 'To serve the nation's favourite pub food, at great value prices, in a family friendly environment.'. Just some of the things we can offer you here at Whitbread. We appreciate our people's hard work and we're keen to show it. Premier Inn is the UKs biggest hotel brand, offering quality accommodation at affordable prices with over 800 hotels in great locations. I joined the Reservations Team when I was 18 and it was my first full time job after college. Lamentamos pelo inconveniente. Opportunity A team where everyone can reach their potential. Aviva follows not far behind, with 16% of the market. Teachers' Pension Scheme (CAS-66609-T4V5) Complainant . verdade. There are a variety of roles based here at Chiswell Court on the Whitbread Campus so there really is something for everyone. The action you just performed triggered the security solution. The Whitbread Group Pension Fund has completed a 680m buy-in with Standard Life, part of Phoenix Group, securing retirement benefits for around 8,000 scheme members.

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