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Restructuring our Business Technical Information
This page contains documents giving more detail about the proposed changes to our business. To download a document, click on the document title. You need Adobe Acrobat Reader to view these files. You can obtain Adobe Acrobat Reader free from here.

If you would like this information in large print, in Braille or on cassette or CD, please call our Scheme Helpline on 0845 602 9296.

Pearl actuarial report (opens in a new window)  Pearl actuarial report (pdf file, size: 1.9mb)
Pearl supplementary actuarial report (opens in a new window)  Pearl supplementary actuarial report (pdf file, size: 543Kb)
NPLL actuarial report (opens in a new window)  NPLL actuarial report (pdf file, size: 459kb)
NPLL supplementary acturial report - January 2010 (opens in a new window)  NPLL supplementary acturial report - January 2010 (pdf file, size: 868Kb)


PPFMs and Guides to How We Manage Our With-Profits Funds

The 'Principles and Practices of Financial Management' (PPFMs) explain how the with profits funds will be managed and the ‘Guides to How We Manage Our With-Profits Funds’ are short guides designed to explain the most important points of the PPFMs.

For NPLL With-Profits SERP policyholders transferred to Pearl

Click here for the new Pearl SERP Fund PPFM and 'A Guide to How We Manage The Pearl SERP Fund', which both came into effect on 15 February 2010.
For NPLL with-profits policyholders remaining with NPLL

Draft revised NPLL PPFM (opens in a new window)  Draft revised NPLL PPFM (pdf file, size: 162kb)
Draft revised Guide to How We Manage Our With-Profits Fund (opens in a new window)  Draft revised Guide to How We Manage Our With-Profits Fund (pdf file, size: 79kb)


These draft documents are current as at November 2009. They will come into effect on 1 March 2010. Up until this date, both documents are subject to change, but there will be no material change to the Principles in the PPFM. Until these documents come into effect, you will continue to be covered by the existing NPLL PPFM and ‘Guide to How We Manage Our With-Profits Funds’ which are available here.

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