My GE Vernova Pension

An update from GE

GE has now separated into three independent companies focused on the Healthcare, Energy and Aviation sectors. GE Vernova (the Company) is now the sponsor for the GEAPS Pension Scheme (GEAPS) and the GE Energy Pension Scheme (GEEPS), with GE Vernova Pension Trust Limited (GEVPTL) continuing to act as the Trustee. The important things for you to note are:

• There’ll be no changes to the pension benefits to which you are currently entitled.
• You do not need to take any action.
• The assets of both Schemes continue to be held separately and are separate from GE Vernova.

Changes to pension allowances  

The Government has updated the tax allowances in relation to pensions. Visit the Government’s website for more details.

Be careful who you share your details with

Your Trustees, the pension team and our administrators will never contact you to request your bank details over the phone. 
We only work with one Financial Adviser and don’t have any association with any other organisation other than the one that is included in our communications.