Wyeth Group
Pension & Life Assurance
Scheme (1997)

ANNOUNCEMENT: Change to the Trustee of the Scheme

With effect from 4th November 2022, Law Debenture Pension Trustees (“Law Deb”) will become the Professional Corporate Trustee for the Wyeth Group Pension & Life Assurance Scheme (1997). Further information on Law Deb is available from https://www.lawdebenture.com/governance-service/pension-trusteeship

This follows news of the forthcoming retirement for Nita Tinn, the lead Trustee for Independent Trustee Services Limited.

Pfizer thanks Independent Trustee Services Limited for their diligence and dedication and wishes them all the best for the future.

Regulatory and useful information about the Scheme

The Trustees of the Wyeth Group Pension and Life Assurance Scheme (1997) (the “Scheme”) are pleased to present their latest annual Chair’s Statement and the current Statement of Investment Principles.

The Chair’s Statement, produced annually, is included within the Trustees’ Annual Report & Accounts for the Scheme. The purpose of this document is for pension scheme trustees to describe and explain how the pension scheme meets certain governance standards. This includes an illustration of the impact of costs and charges typically paid on a member’s pension savings within the Scheme as a figure in pounds and pence.

The Statement of Investment Principles (SIP) sets out the Trustees’ investment objectives and policies. The SIP is updated every three years or following any significant change to The trustees’ objectives or the membership profile of the Scheme. This document covers both the Defined Benefit and Defined Contribution sections of the Scheme. Specifically in relation to the Defined Contribution Section, the SIP covers the aims and objectives related to the default investment option.

Should you have any questions in this regard please contact the Scheme Administrator, Capita, using the details on this site.