The Trustee is legally required to provide members with a summary of the Scheme’s finances for the year to 31 March, which includes changes to how much is set aside in the Scheme’s assets and the number of members in each category.
We’ve provided below a summary for the year to 31 March 2019. For a more detailed breakdown click here.
Value of the Scheme’s assets
This is a summary of how the value of the Scheme’s assets has been calculated as at 31 March 2019.
The Scheme’s accounts for the financial year ended 31 March 2019 have been audited by KPMG LLP.
Although the Scheme’s value has increased from last year, it’s important to note that the value of investments can go down as well as up.
Investment of the Scheme’s assets
As at 31 March 2019 and 31 March 2018, the Scheme’s assets were split as follows:
Scheme membership
This chart shows a comparison of the Scheme membership at 31 March 2018 and 31 March 2019.
For a more detailed breakdown click here. You can also download a copy of the Scheme’s full Annual Report and Accounts under the document section of the M&S Pension Scheme Portal here or you can request a copy from the Pensions Administration Team.