Our promise

• £500 million of equity capital raised from shareholders including Deutsche Bank and Eton Park.  The Group is entirely funded through equity and is debt-free
• a long term commitment from all shareholders to investment in the business, accepting significant restrictions on the sale of shares and profit distribution in the short and medium term
• as with any other UK Financial Services Authority regulated life insurer, protection for scheme members from the Financial Services Compensation Scheme. 

For scheme members we will:

• provide a UK-based team to answer any questions
• ensure all our calls are answered by a person
• send appropriate and relevant communications to update on what is happening during the transfer to Paternoster
• send regular communications, including benefit statements and any other information which we believe may affect pensions.

For trustees we will:

• recognise that the risk management needs of every scheme are different and work together to develop a bespoke package
• assist the transfer process with communications, technical/compliance and project management support, guidance on asset transfer and defined processes to support scheme wind-up
  
• Provide open and honest reporting of our performance