Pension administration - ESPS

The Trustees outsource the pension administration function. Day to day administration/calculation service for the members of the Electricity Supply Pension Scheme. The ESPS Audit Fee is split between the four sections of ESPS (SLC, Atkins, NNL and Cavendish Nuclear) proportionate to the number of members in the scheme. The Audit fees are recharged out to the companies through finance along with other costs relating to administration of the scheme etc.