In line with this legislation Stagecoach management have identified four categories of employees who have recently been sent customised letters depending on their circumstances as illustrated below: 1. The scenario shown reflects a 20% fall in the value of pension scheme assets post 2019 and a reduction in the discount rate applied to liabilities from 5.7% to 2.7% (reflecting the views of the Pensions Regulator on private pension schemes more widely). Current trading and outlook Our Group has made a good start to this financial year to 30 April 2011 and current trading remains in line with our expectations. Stagecoach Group is a leading multi-modal UK public transport company, with operations in England, Scotland and Wales. The Group also operates a defined contribution plan for all eligible employees under a master trust arrangement provided by Standard Life Assurance. Registered Number: 100764 Analysts. BUS, COACH AND TRAM SERVICES IN THE UK The range between the high target price and low target price is between 140 and 95 with a mean TP of 123. Stagecoach said it maintains a “solid financial position” with investment grade credit ratings and available liquidity of over £800 million. Registered Number: 100764. More than 3 million customers a day trust our greener, smarter and better value bus and rail services - and we are continuing to grow. Stagecoach Group plc is today (9 October 2020) providing a trading update in respect of its financial year ending 1 May 2021, ahead of a series of meetings with analysts. For tickets, timetables and enquiries, visit our companies, TRAIN AND TRAM SERVICES IN THE UKFor tickets, timetables and enquiries, visit our companies. Katie Loudon PA to Bruce Dingwall, Group Financial Controller Stagecoach Group plc 10 Dunkeld Road Perth The Company operates bus, coach, train, and tram services. The Trustees’ 2020 Implementation Statement covering both Sections of the scheme can be found here. The principal UK scheme (the Stagecoach Group Pension Scheme) is made up of two Sections; the Main Section and the London Section. A number of members chose to boost their pension savings during active membership by making Additional Voluntary Contributions to the scheme. THE STAGECOACH PENSION TRUSTEE COMPANY (NO.2) LIMITED (SC354495) Company status ... Stagecoach Group Plc, 10 Dunkeld Road, Perth, Perthshire, United Kingdom, PH1 5TW. INVESTOR FACTSHEET TAX STRATEGY. ��5�G̿Q0�1�4m�����:�k�V������:f�e�rMU�u5׀��T�׿>}�w����y�lF����ݗ�4��M���#���BĹ�ˢ�(`�n�F)��2c�d�ճ�8ҷ�/���O��u���d����dl236ݐ�A%����Z(ǒ�^�߻�������"���+@��ZV�VV�һ��X�F@R"M��f�4���j��' y�JjJ%�W�N�u�2��U%`U1'}��K���J���3\ն�EC=���8�m����Q�X��m�^S�6t�]p� �f��՚��gb"2|"tK�;� *���p�3X�ʾ���!�D6P10--JD$^s�)��������܋����'.k��U����ى��n ... Stagecoach Group plc. 9 October 2020 . Both Sections are closed to new members; Main Section is closed to future accrual but the London Section retains some legacy active members. The assets of the Group’s defined benefit HMRC registered pension schemes are held under trust, separate from the assets of the Group and are invested with a number of independent fund managers. Trading statement . 09 October 2020 . Stagecoach Group PLC. The combined deficit under IAS 19 at 31 December 2019 was £90.0 million (Dec 2018: £116.8m). Stagecoach Group plc is a public limited company that is incorporated, domiciled and has its registered office in Scotland. Sse PLC. West Coast Partnership, where Stagecoach was part of a joint bid with Virgin Group and SNCF. 3 0 obj Sir Brian Souter. About Stagecoach Group PLC Stagecoach Group plc is an international transport group, with operations in the UK, United States and Canada. Registered Office: 10 Dunkeld Road, Perth PH1 5TW, Scotland, Registered in Scotland. Stagecoach Group plc 10 Dunkeld Road Perth PH1 5TW. Stagecoach Group plc is today (9 October 2020) providing a trading update in respect of its financial year ending 1 May 2021, ahead of a series of meetings with analysts. We also consult our major shareholders in developing policy. Stagecoach Group - We are a leading quality public transport provider in the UK and North America. ALL COMPANIES IN THE GROUP. x��=ko�8���?��݋�"�D���d��$���n�0�:��6&�����̿���C�D��n�n�d�X,֋E�ً������z��ً�asy�_U�>}��5������_�>aU��ʈ��Ҧ�eW}���IS]�ǏO����y}"W���Zm�ru =�]�O��~l�� ���ڏ������[�����O�����'k�Zuq��@빺��ڴ�{� Immediate access to either a defined benefit or defined contribution pension scheme, supported by employer contributions. The consensus rating is ‘Buy’. "The fact that Stagecoach Group Plc wanted all the lashings and profits of the railway without any of the risk of the railway pension scheme is one … First Student operates a fleet of yellow school buses in the United States. 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